Good luck to all21 Oct 2014 16:37
holders on this one but here is the problem: ---
"Shareholders should note that the Offer is conditional at this stage and will require, among other items, formal approval from a number of parties including the Company's senior lenders and Fondo de Inversión en Infraestructura, Servicios Públicos y Recursos Naturales ("AC Capitales"). Accordingly, there can be no guarantee that the Proposed Transaction will be concluded on terms acceptable to the Company, or at all".----
If you remember we have seen this statement before on the proposed takeover that never was, I sold all the last drippings of my holding here on the last RNS keeping this statement in mind. Bottom line is company is strapped for cash still not trading at pre take over levels of 9p and like before i don't believe it will happen this time round
either. All my opinion of course lets hope I am wrong for the folk holding here.