Post by
Twoscompany on Oct 31, 2019 10:14am
Same old same old.
Lots has been said but no action. Typical of what we have seen.
I can see how this plays out.
Yeah yeah, Chinese interest but the reality is we know at best it will be highly conditional. No chance it will be a clean deal and the hooks will be everywhere for them to wiggle out or renegotaite and delay. Only a fool would do a deal with the Chinese. Limited upside.
So then it is Titan. Some interesting things said about them which i dont believe I must say. The smart money they have on their register suggests what is being said is false.
One other group might be at the table maybe, but that will certainly mean diluition and loss of control and certainly not a premium for our shares.
So I think the winner will be Titan.