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Bullboard - Stock Discussion Forum Banca I.F.I.S Spa BNCIF

Financial Services Banks - Global
Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan... see more

GREY:BNCIF - Post Discussion

Banca I.F.I.S Spa > Paywalled: Why Flinders’ Big North deal went south
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Post by Favored on Jan 26, 2015 2:29pm

Paywalled: Why Flinders’ Big North deal went south

Does anyone have access to this and can tell us the substance of the article?

Why Flinders' Big North deal went south

Comment by bossman on Jan 26, 2015 3:20pm
Maybe Spiros realized shortly after the agreement was made that Big North Graphite was getting a shippy deal and helped with the delay knowing Flinders will give up. This way they are off the hook for the 500 000 break fee. Imo Big North has proven that they can get the job done themselves and Spiros knows the true potential of El Tejon . I am looking forward to the day when we hear news of off ...more  
Comment by bludogg on Jan 26, 2015 6:44pm
we are now entering the dream phase, prepare to snooze for 5 - 6 months....
Comment by bossman on Jan 26, 2015 7:07pm
During the 5 to 6 months will this share price improove. Any predictions?
Comment by CommonCentsforDollars on Jan 27, 2015 1:09am
I think the SP should move up but it appears it will take some time, the current SP is pretty sad when you consider it was trading at 7.5 cents before the news was first released about the potential Flinders acquisition back on September 2nd. After the extended waiting period and now some "appearingly" bad news that Flinders has changed their mind with too long of a due diligence period ...more  
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