GREY:PGDIF - Post by User
Comment by
ekimon Apr 27, 2017 2:39pm
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Post# 26175461
RE:No more offers for DDC
RE:No more offers for DDCDDC has a bit more (more then a bit) paper power since Dennis Washington came in.
If DDC can get a good deal for the future.....and the market portrays as a good move...they may not drift back down to $12 per share.
It is a tough one. I think if Washington has walked away and they can't get Rio or De Beers interested...then DDC either swallows a very bitter pill and announces active pursuing of M&A is off the table....or they come out with a deal that they were on the heavy weight side.
LONG...PGD
EKIM