Farooq Khan is a solictor by profession as far as I'm aware.
In my opinion he has bought into MEO to try and spill the Board at some stage and acquire MEO for its cash holding.
In my opinion he wants MEO purely and simply to have control of $100 million.
MEO is capped barely more than that. He will then have money to further his interests in SRK that have substantial holdings in iron ore assets in South America..
Just my opinion.
:)
Nic
- Forums
- ASX - By Stock
- possible takeover
Farooq Khan is a solictor by profession as far as I'm aware.In...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)