TON 0.00% 1.4¢ triton minerals ltd

Thanks for the post @bullrush90 I can't see a cheap takeover...

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    Thanks for the post @bullrush90

    I can't see a cheap takeover taking place..When you look at the top 20 shareholder spread it's obvious to me they are going to have to throw some big coin at them to get the offer over the line.

    I was talking to someone a while back regarding it who I respect..He felt the Chinese would need to put at least 40c forward but he also said from his experience they do not mind paying the right price either for the right assets.

    I going to assume that many of the top 20 are currently averaging significantly higher than current prices...Even Pinnacle who have confidently underwritten numerous times would be under water but they have not seemed to mind throwing dollars Triton's way at every opportunity.

    Hopefully the finance package keeps everything is check which is why I mentioned being interested in who is getting what in the equity component of the package but even still I think for the amount they are potentially raising a cheap takeover is still very unlikely.

    If they want it they are going to have to pay for it handsomely Bull
 
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