TSXV:AAA.P - Post by User
Post by
sdomaeon Feb 13, 2014 12:12pm
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Post# 22205267
Just Speculation
Just Speculation
But I think the Israeli's knew they had Allana over a barrel. The 47 penny PP says as much. While there are some huge benefits to Allana here it will be a long long time before those benefits are realised by shareholders. If you bought in over a buck 50 you may never see a return on that money. I hope I'm wrong but I doubt Allana will reach a new all time high anytime in the next decade.
It will be very interesting to see if IFC and Liberty increase their share count. Abasov said that perhaps in the next 2 weeks they will know. Things happened too quickly with the ICL deal for the IFC to respond in a timely fashion. Strange, as that ICL deal rumour was going around for several months. I think there will be no increased equity from IFC but hopefully we'll get a loan.