OTCPK:ICPVF - Post by User
Comment by
hawk35on Jul 12, 2021 8:00pm
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Post# 33534004
RE:Now What?
RE:Now What?Brook has the option to increase their offer before it expires tomorrow. Based on the bad press today that will sour IPL shareholders, I doubt they will. But who knows. All along I Ihave thought they were just trying to force PPL to increase the .5 offer.
If Brook walks, the share price might drop a little bit and then go sideways.
IPL shareholders have the option to turn down PPL. But it would cost the company 350 million and make a stand alone option less likely. Looking more like PPL will be the winner. Brook still wins when they sell their IPL shares.