RE: I am not Amazed30 Nov 2020 11:39
Okay so it might not include a couple of locations but all intents and purposes it is the majority of GGPs assets in the region, at a price of $20m australian dollars, when Havieron alone got $65m usd... you can't say that is the greatest deal of the century... A company further along with a track record, with targets it claims are similar to Havieron, getting 1/7th the amount of Havieron - and nor would anyone else a month or so ago when they were talking of 50/50 partnerships and accepting the same deal as havieron as a minimum. It at least takes off the table the rumour NCM would buy GGP - why bother, they effectively own so much now for so little. The only thing is this was either used to sweeten the deal of the loan or there is something else coming. Time will tell.