RE: Coup10 Nov 2022 13:29
Of course Citi are involved...they were appointed for bid defence...
But why appoint a M&A specialist alongside.
And where does it say that the $50m is ringfenced for Cascabel?
Of course its derived from Cascabel but the corollary has not been stated.
And there is still the 6.7%...because SOLG don't need the money they are in a position to run an auction for it. Mitsui want it. BHP and NCM are being diluted. Surely it can be sold for 25p...but they doin't need to...