SEH 0.00% 25.0¢ sino gas & energy holdings limited

price target "tote" for 22 june, page-21

  1. 2,239 Posts.
    Bobla - they are buying $10mill of SGE, which is the holding company in China for the PSC assets. SEH owns SGE. SGE shares will be transferred off-market by SEH when $10mill is received. It will not reflect on the ASX.
    Not sure that the finance partner/JV partner will bother buying SEH shares, as they will have 51% ownership of SEH's assets anyway.
 
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