Post by
hallidas1 on Oct 06, 2017 3:31pm
KL is on a tear again today
I'm wondering if KL is running up the share price to make a run at taking out MTO on a share swap. I've seen it a few times in the past where this has happened. Takeout company over valued to make it look like a reasonable swap offer only to see after merger the share price drops back to a reasonable price thereby screwing the takeovers. I'll tell you one thing and that is if KL is going to take out MTO they don't give a rats a-s-s about shareholders. They are out to get properties as cheaply as possible.
Again I only hope someonelse steps in to create a bidding war. But with insiders holding the lions share they will decide who get MTO.
Comment by
romara on Oct 06, 2017 3:33pm
Well said ........ Richard
Comment by
gnote1 on Oct 06, 2017 3:42pm
I’d take a four to one swap!
Comment by
brandy2000 on Oct 06, 2017 5:41pm
KL is on a tear because of Novo, Wits 2.0 and strong margins....