RE: Multi asset natural resources developer17 Nov 2020 09:46
Firstly, Its actually £90k + 42m shares. Secondly, it is not always the case that an existing businesses ends up buying a businesses with similar product, it all depends on your contacts and how well you can negotiate with the vendor. Thirdly, its not wise to say why a drilling company did not pursue such a commercial gain, otherwise you would end up with an unstable interests. It’s like saying why doesn’t a local builder end up buying all the cheap properties that become up for sale! Only my thoughts.