GREY:PGDIF - Post by User
Comment by
oiltaron Jul 06, 2016 12:13pm
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Post# 25027730
RE:RE:DDC Jay News - THey will not be a Buyer
RE:RE:DDC Jay News - THey will not be a Buyer I agree.My theory was based on DDC buying PGD if its FS was below the 15% threshold.We could argue its splitting hairs at 15.6% and if diamond prices fall in the next recession it would fall short.
But I have to admit DDC is now more or less out of the running for a full take over of PGD.So it leaves PGD two choices JV or self fund.