GREY:GDPEF - Post by User
Post by
damianchosenoneon Jul 02, 2019 6:26pm
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Post# 29881298
Shell news next week!
Shell news next week!Deal must be made by next week in court which means that they already probably picked the top bidder in the last few days. There were 2 remaining by June 12 bidding round, down from 4. One public group and one private. They were not an investor group. Anyway, PwC has a none competitive process which I heard had groups walk away and prefer not to deal with them. The 2 remaining groups are probably bidding for who will offer an extra few hundred k. Rcg shareholders will have a shell out of this and nothing more! All the properties will be gone and they will have to search for one and then dilute shares like crazy. Basically rewind 5 years to when George young became ceo and rcg was apenny . Only then they had much less shares!