GREY:ROAOF - Post by User
Comment by
Resilienceon Mar 08, 2009 6:29am
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Post# 15828876
RE: Some news not much
RE: Some news not much
What if you are say Taqa and you were interested in the big picture. Would you want your sale to be confounded by big legal fights and uncertainties? Over a few minor spoils. Or would you take the big fish and leave the scraps to avoid uncertainty?
If you were E&Y and one of your main objectives as stated in the Administration definition is to keep the company as a going concern. Would you want to run the risk of lawsuits and possible company defamation? Or would you come to an acceptable compromise?
If you were RBS and you were not up til your neck in water but really truthfully in $hit, would you want the cash now or risk a massive lawsuit. Alternatively if the whole company is sold you would want to make sure you get some revenues from your equity fee..
In all these 3 cases it's best to take the compromise. So that's what's likely to happen if you follow common logic combined with all the info posted here.
Things to support that are the market price and massive big volumes sales at some point even up to a price of 0.34.
But hey. It's not certain.
R.