ZFX zinifex limited

has oxr dealt itself a too good a deal....

  1. 2,842 Posts.
    Interesting comments starting emerge that this deal not a "slam dunk" by any means.

    http://www.bloomberg.com/apps/news?pid=20601080&sid=aynX5y5C7ELg&refer=asia

    Just listened to Tom Elliott and he saying that the major ZFX shareholders might want more than the 3.1931 OXR shares...ie some of the cash that is sitting in ZFX before the merger is done

    Cheers
 
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