I would have thought the R/I is Independent of the ERM deal. If the ERM falls over because of some issue raised by DMP, then I would have thought, that the R/I would still need to go ahead.
maybe there is some reason that the R/I is being delayed because of the delay in getting approvals from the DMP?
certainly, in the R/I documentation, maybe they feel that the R/I Take-up will be problematic because the ERM deal is in limbo? that's probably right.
I was thinking that the R/I is delayed because EGO are hopeful of executing a value-adding deal, which would increase the take-up by s/h of the R/I. I am thinking of a farmin deal. And that would take a while to put together.
But a farmin deal could not be consummated until the DMP registers the change of interests I guess.
cheers
- Forums
- ASX - By Stock
- EGO
- Todays Trading
Todays Trading, page-26
-
- There are more pages in this discussion • 41 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 EGO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online