Comment by
HornbyBay on Dec 02, 2021 12:13pm
Why are Tim and the boys on-board with this low-ball offer? They fought much harder against hostile takeovers in the past. It would seem that Taiga has more leverage to achieve a better price. I can’t recall Taiga’s initial price - but I don’t think it was much lower than SSRM’s offer. Disclisure: I own shares of Taiga, just my opinions, mot investment advice.
Comment by
colt45acp on Dec 02, 2021 12:55pm
Of course shoud SP remain around this level on untill march this deal will never get approved. jmo. I also own shares.
Comment by
NineLives on Dec 02, 2021 1:10pm
Yeah but EPL own 19%, and at this rate SSR will buy the remaining 47% they need on the open market at a cheaper price !! Or players friendly to the take over will !! So yep it will get done.
Comment by
NineLives on Dec 02, 2021 1:14pm
Yes it's all very strange, can't remember the price either. From what I'm reading TGC is not allowed to receive bids from other parties ! Think I read that right. so all that work for a few percentage points, life works in mysterious ways. well let's see if EPL catches a bid up to 20 cents ....