thanks to drag on SS > total of $3.3billion is wrong
The offer document confirms that a downstream bid will be priced at A$8.65 ($8.90) per Extract share, meaning that CGNPC will pay some A$2.2 billion ($2.3 billion) to acquire the Perthbased firm. That will bring the total Husab acquisition cost to a hefty $3.3 billion; this is actually more than AREVA paid for Uramin Inc (Trekkopje, Bakouma and Ryst Kuil projects) at the height of the 2007 uranium boom.
"""WRONG - as double counting Kalahari shareholding"""
thanks to drag on SS > total of $3.3billion is wrongThe offer...
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