Ann: Takeover Offer by Kingsgate Consolidated Lim, page-5

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  1. 348 Posts.
    re: Ann: Takeover Offer by Kingsgate Consolid... Well said, Vainglorious.

    Considering the size of the resource and valuations discussed by brokers, etc, why do the directors consider this such a great offer that they unanimously recommend?

    You have to ask - what's in it for them? Will KCN be paying them something to get the deal through so cheaply?
 
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