GREY:SCPZF - Post by User
Comment by
HRc60to65on Jan 15, 2017 10:27pm
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Post# 25711158
RE:for or against
RE:for or againstI voted against.
I don't belive in the iron ore.
ADI value is only his cash. The SCP assets will be used d lost in the iron ore devlopment.
In long term the ADI share value is going to zero.
SCP is better alone with no deal.SCP NAV is 1.09$ per share, with the deal it is reduced to 0.92$ and will go to zero.
My opinion, SCP shareholders have to vote against the deal
HRc60to65