Post by
4CommonSense on Sep 09, 2023 11:22am
Latest Blah Blah Blah from the clown show
The Teck clowns now say the want a 'deal' done by the end of the year --HA!! Right!!
It's well into September -and still "there are many interested parties" -giving the impression a 'Deal' would involve several parties? - clearly no closer to any kind of a 'deal' or framework for a "Deal"
A 'deal" involving several parties will require a complex legal agreement and framework agreed to by all involved -- BY DECEMBER?
Consider how long it has taken the clowns to get to this point and remember Price is terrifired of another FU - so is it likely anything will get done done by December? -- get real!! NOT LIKELY!!
Also -- if the coal assets are so valuable why are clowns sellig them? none of this rewally makes any sense from a strategic or financail perspective.
Not at all clear how the Teck.b S/Hs will benefit from all this! Be sure the Teck B share price or any combo will never approach anything close to $64/s. May pick up $2-3 temporarily from the current price with some other 'benefit' ? The 'A ' S/Hs will come out smiling -- be sure!
At best -- the usual Teck mess - probably will end up in a class action.