Deansy,
That is an interesting thought. If it comes to fruition I hope the Board get a bit of swagger and start to beat up on the banks a bit. They have an alternative finance arrangement available, and I would tell the banks to put up or shut up. If they don;t put up, I would remove any and all business dealings with them, and thereaten to name names re the negotiaions (if legal). Put the pressure on the banks who may not want to explain the loss of th deal to their shareholders and the public.
I suspect however that the deal will however be passed by ty the institutions who would see the selling of assets to MM as being a no risk profit maker. Saying No to MM will most likely have bigger profit potential but introduces more risk. I suspect risk aversion will outweigh potential profit for institutions.
Either way I suspect there is good upside for OZL
- Forums
- ASX - By Stock
- OZL
- syndicate to trump chinese offer - the smh
syndicate to trump chinese offer - the smh, page-15
-
- 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)
Featured News
Add OZL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online