ELK 0.00% 1.4¢ elk petroleum limited

elk to sell the pipeline, page-4

  1. 1,382 Posts.
    Would have been a stronger reaction if it was a straight out acquisition without the possibility of ELK holding a mortgage over the pipeline and a joint guaranteed return plan... all a bit messy potentially compared to a straight out asset disposal with an agreed lease back arrangement. I'm rating ELK a buy after this deal however and given the SP.
 
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