RE: Multi million once targets14 Sep 2021 12:03
Death - how can anyone answer that without knowing full details on any, and all, approaches, conversations, etc? Maybe , it was fit, maybe it was the terms of the deal, maybe it was CGNR wanted to go with someone where they retain an element of strategic direction.
We are where we are and there is a reason for that. I fully believe the next RNS will be an EGM announcement for voting on the JV (which is a rubber stamp exercise IMO). I could be wrong, let's wait and see.
Just for the record, are you saying that CGNR is currently over valued?