Can't agree with you on the news release womble.
The share ratio has already been decided upon: 35%/65%. So with good news or bad news same sum received. The merger doesn't allow increased value simply due because of timing. In fact, each party is penalised for not proceeding!
Silverwood is the exception, which i would imagine would be paid in with additional shares.
Also, the idea that they have been busy elsewhere doesn't stick with me. Is the drive thru at maccas ignored because the bus, full of school kids walked inside?
And testing. It takes weeks to measure that GGP favourite -the stabilized flow rate. What should be really encouraging is that more oil was produced over time in the third interval.
Agree with you womble on the holding share price. Good sign. But if the dump comes, I'm outta here!!
- Forums
- ASX - By Stock
- up coming g. meeting
Can't agree with you on the news release womble. The share ratio...
-
- There are more pages in this discussion • 7 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 VIL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO & MD
Anthony Noble
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online