RCI rocklands richfield limited

will jindal raise the prices

  1. 641 Posts.
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    Not long ago, last time Jindal put the prices at $0.42, then to $0.56

    Now, they are back with lower bid at $0.25. But this time, they are more serious with official bidder statement and an army of advisers.

    IMO, the initial low price of $0.25 is designed to test the market.

    The very short time frame of offer to 6 May, only 1 trading week from now, indicates that they are rushing. Why ? they are afraid that if Kailuan Energy has enough time of due diligence, Kailuan Energy will come with better deal ?

    Any opinions are welcomed
 
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