eqn takeover, page-6

Very much a pity. CGG certainly worth much more in 6 - 12 months time. A re-rating of the company to producer status would have at least bagged them an additional 30% not to mention what the copper price does next year. EQN would have known this as well as not long ago they were in the same situation waiting for production to start and a re-rating with many larger companies flocking overhead. The only thing that saved them from being gobbled up was the GFC.

Well EQN have certainly remembered. Unfortunately I agree no real value for any future upside...