RE: Potential18 Feb 2014 08:33
Hi Nial
Well the current synopsis is we have an undervalued SP.....
Peel whom have significant personnel ,joint ventures and synergies with Harworth, such as roal to rail, former coalfield lands for wind, gas generation etc.
Peel have near control of Coalfield ( 30%)
Coalfield have control of Harworth (via Board and 25% control)
Coalfield intend to facilitate purchase ? of Harworth into one.....
All I know if there are enought rumours then a denial RNS needs to be made by the company
& the bid price is the highest price within the last 12 months.........**
**
http://www.thetakeoverpanel.org.uk/
Then all this is just me???
598,596,320 x 6.12pence= £36.634 Million
which is not going to be 25% of Harworths True value being realised, going forwards 2013/2015
really is £400-£600 Million.....
Whats it worth to Peel???
Whats it worth if it were to be sold at the moment , well both of those are different figures....
What happens next?, your guess is as good as mine