TSX:TECK.A - Post by User
Comment by
dudediligenton Jan 28, 2009 9:12am
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Post# 15732928
RE: RE: SELL 20%????
RE: RE: SELL 20%????Then on the other hand having a big player like Total supporting the project going forward provides increased stability. Teck has no plans on selling its stake at this level, but UTS on the other hand may have no choice.
I believe this take out is far from over, other players will bid it up IMO.
Regardless, at the end of the day the value for Tecks stake has just increased and the pre-market bids are indicating the same.