I don't nessessarily disagree with any of the previous comments, but my take on it is slightly differnt. I can see one of the bigger players waiting for a free carry straight onto the back of manora, they will pick up a nice little producing assett as well as the n/w assetts, plus a little cash. for what cost?dont know but its gunna be a lot cheaper than finding and developing themselves.
And as much as I think the board has done a reasonable job, todays stock price doesnt back it up. Either they get taken out or they fall on the sword.
Kawah2
TAP Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held
