EOC 0.00% 37.5¢ endocoal limited

Ann: Delay to Second Court Hearing regarding the , page-9

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  1. 1,517 Posts.
    re: Ann: Delay to Second Court Hearing regard... Tiley,

    Well done on the sale however realistically for a smale scale company / mine like this I can not see any remote possibility that the Chinese won't approve it.

    I do not think there is anything untoward here, just delays with regulators. I would imagine that it will be sorted out within weeks and the deal will go through.

    This is still a good deal for U&D and I don't expect any issues with the takeover. If anything I may consider buying at 35c for the arbitrage opportunity.

    We wait.

    I am the Iceman!
 
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