TBR 0.00% $4.93 tribune resources limited

Ann: EVN: Evolution Acquires Stake in Tribune Resources, page-6

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  1. 11,185 Posts.
    lightbulb Created with Sketch. 2609
    Yes. Let's hope if they come with an offer its not a connivance like the last one or they will be sitting on their shares/offer for a very long time as Billis won't sell out cheap. I actually can't understand why they would want to hold this position. It only gives them a 7.3% interest in the profit stream from the EKJV and if they took over TBR and RND the 49% share of the EKJV is only fairly and sensibly worth $150 million according to Bill Beaumont. EVN have effectively paid $41.3 million for a 7.3% share of the ELJV or $277.2 million for a 49% equivalent. Bill must be sitting back laughing at how much over the odds EVN paid.....lol

    In all seriousness they sure got their shares cheap offf the bankster mafia. $3.73 a piece. It's nice to have friends in high places.... and some people here talk anout shady goings on. If they opened their eyes they would know who is truly shady.Esh
    Last edited by eshmun: 25/02/19
 
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