cliffvb/CHAR....Anyone please tell me if I'm wrong. But if Lukoil does "takeunder" NLG.to (not a done deal yet in my opinion/better bid?).....won't Lukoil already own a majority of CHAR??
They could announce a "takeunder" for any price they want......am I right? Who could argue...they would control the majority of CHAR shares.
Anyone please correct me on that. I think we may see a better bid for NLG. It's trading for more than the announced "take-under" right now at $2.70 Canadien.
NLG has had some really promising young fields according to some and Lukoil is trying to steal the company here. If they do....they'll probably steal CHAR too.