GREY:ENGFF - Post by User
Post by
kentoon Oct 12, 2011 3:02pm
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Post# 19142430
SPECULATING ON POSSIBLE OUTCOME
SPECULATING ON POSSIBLE OUTCOME
One possible scenario is :
--- HRT'S Marcio buys ENG for $1. per share = a premium of ( say ) 25% = $68 million paid for in HRT shares and HRT gets 73% of one of the largest blocks in Namibia.
This could happen in December / January when HRT'S share price recovers thus minimising the dilution of HRT'S shares.