CNX carbon energy limited
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Jinhong takeover?

  1. wubing
    4,133 Posts.
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    23/11/16
    11:01
    Post #: 20814896
    I would strongly suggest a Jinhong takeover.
    As Jinhong already commited 10M USD (in total 30M USD) in the JV which appears they valued the technology much higher than only 30M USD, How about a takeover of the technology or the company in a whole?
    If the take over of the company is a bit tricky, then they can simply acquire the technology which is clean and clear.
    I am very much keen on Jinhong to get the technology or takeover of the company rather than Pacific Road which is really greedy.
    IMHO
    CNX Price at posting: 1.3¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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