GREY:OLEPF - Post by User
Comment by
arlene2on Jan 15, 2013 5:54pm
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Post# 20842251
RE: RE: RE: RE: Old Article, But Relavant
RE: RE: RE: RE: Old Article, But Relavant In mid August 2012 , when article first came out , Teranga was considered very undervalued at $1.70/share....As of mid January 2013 , Teranga now at $2.30---maybe still undervalued but not nearly so much.......Perseus , on the other hand , had a stock price of $2.40/share in mid August 2012 and as of mid January,2013 is at @$2.19....IMO , an all stock deal (or any deal) would not be very attractive to the 460 million shareholders of Perseus..... Obviously I could be wrong / I have been before.....