GREY:LCPRF - Post by User
Comment by
MidasTouchezon Apr 10, 2012 10:45am
313 Views
Post# 19775489
RE: RE: RE: RE: RE: Takeout in 2012
RE: RE: RE: RE: RE: Takeout in 2012 I think that Lumina is an excellent takeover target. I just think that it can do a whole lot better if it integrates neighbouring claims. That's why I think it is more likely that Lumina will either do some taking over or JVs before being taken over. It is easy to do with a high share price and it will only increase its asset base and attract more suitors as a result.
Have also been thinking about who might takeover Lumina. Strangely enough I don't think that it will be a Chinese company. From what I've seen so far, Chinese companies try to get in at an early stage before the shareprice has moved up as it has done for Lumina. Has anybody made a shortlist of who might realistically show interest in Lumina?