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Espinsight,MOU's are entered into, subject to many conditions,...

  1. 5,205 Posts.
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    Espinsight,
    MOU's are entered into, subject to many conditions, one of which is completing due diligence. Due diligence is to protect a buyer from paying too much for an asset and that does not really apply here.If ICN cant deliver then Sinogas can walk away without having to pay anything.
    I think there may be some short-selling going on and we can check on this over the next few days.If there is short-selling then the sellers run a big risk if they are still exposed at the time ICN's next announcement happens.
    Occam
 
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