$20 million is not enought take out DPC. I think they will have to pay over $3 to make a successful T/O. At $3 will value the company at over $90 million.
Any ideas?
$20 million is not enought take out DPC. I think they will have to pay over $3 to make a successful T/O. At $3 will value the company at over $90 million.
Any ideas?
Perhaps BK is aiming for 19.99% at this stage?Quote:
quote:Originally posted by Bling_Bling
$20 million is not enought take out DPC. I think they will have to pay over $3 to make a successful T/O. At $3 will value the company at over $90 million.
Any ideas?
Perhaps some of his friends from 42 Below will help-they would have a bit of spare cash.Quote:
quote:Originally posted by Steve
Perhaps BK is aiming for 19.99% at this stage?Quote:
quote:Originally posted by Bling_Bling
$20 million is not enought take out DPC. I think they will have to pay over $3 to make a successful T/O. At $3 will value the company at over $90 million.
Any ideas?
Gidday
St Lawrence & DPC "White Knighting" each other.
St Lawrence own 15% of DPC
DPC own 25 % of St Lawrence
What do you people think? , I'm not impressed.
I'm disappointed with this move by St Laurence as I expected better things of them. Dorchester has never impressed me. Wonder what Chris Lee ( chrislee.co.nz ) will have to say, as he is a fan of St. Laurence.Quote:
quote:Originally posted by Contrarian
Gidday
St Lawrence & DPC "White Knighting" each other.
St Lawrence own 15% of DPC
DPC own 25 % of St Lawrence
What do you people think? , I'm not impressed.
dpc are fxxxed and now they are carrying that status onto their new siblings...... the sins of the father will be vested on the son
So it makes sense for DPC and St Lawrence to merger and use DPC as backdoor listing? This is good news for DPC. Where does Brett King come into all of this?Quote:
quote:Originally posted by Contrarian
Gidday
St Lawrence & DPC "White Knighting" each other.
St Lawrence own 15% of DPC
DPC own 25 % of St Lawrence
What do you people think? , I'm not impressed.
Also
Bridgecorp owns c19% of DPC.
STL has security interest over Bridgecorps shares in DPC as well.
Looks like a 3 way play to shut out Mr King.
We could be seeing one much larger finance company shortly.
Cheers
Once you reach 20%+ doesnt it trigger a takeover offer to all shareholders?
ok any guesses on what happend this morning?Quote:
quote:Originally posted by Bling_Bling
Once you reach 20%+ doesnt it trigger a takeover offer to all shareholders?