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19/07/18
13:59
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Originally posted by Reillyblue
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The excuse that MO is using for the need to sell EMC at such a low price is: The amount of capital needed to bring this pipeline to fruition is a burden to CCE shareholders.
This raises the obvious question, how will TAG be able to afford this? I suspect less shares on offer means that this entity will be able to go to the market and raise funds. This results in a dilution of CCE shareholders value in the company and makes the transaction of less value.
So the pipeline is purely speculative. If the projects are won then they will cost a great deal of money. Money as yet the company doesn't have.
Further to this none of this cost was revealed to CCE shareholders. ??????????
I honestly have no words.
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RB --Your summary is excellent and I dare say more would be revealed with a proper investigation. SH have a case here. Whats the next step - how can we catch up ?