IPM incremental petroleum limited

has coe lost

  1. 8,905 Posts.
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    It is my understanding that coe originally launched this takeover attempt with the aim of doing that taking over ipm to gain the benefits of ipms fields . If as has been suggested they are winners if they sell at a higher price than they bought at surely it is only second prize as far as they are concerned even if a nice second prize. Interestingly enough ipm traded above the cash offer but not much or for many shares pity as it would indicate a lot of confidence in a further offer if it had motored through
 
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