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takeover fails - crystal ball time.

  1. singas

    2,961 Posts.

    If the takeover fails what next for ECP.

    With profit and cash in the bank its time to make some prognostifications.

    Price falls to 0.475 as short times bail. Within 3 months price at 0.60c.

    Pakers dilute the majority holding to 50 % buy offering a capital float to the market and a deal with minorities.

    ECP buys into ERG and mops up other minnows in the tec sector. Looks offshore for other acquisitions...

    ( Look at the volumes going through at 0.54 over the past few weeks )

    I have altered my sentiment from HOLD to BUY

    Any other views ??

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