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957 Posts.
17
29/08/12
16:19
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If all was up for sale then a full takeover was planned.
Genorah has to somehow fund its 26% direct equity in Garatau so selling its NKP shares and borrowing the rest was probably the only way left for them.
I am wondering if ARM was the late comer to negotiations and made the offer. They can probably get the company easy enough now for 15-20c per share.
I still think this will bring everything to a head... one way or another!
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