Markie, he can't see your comment, he's posting to a different BB which feeds onto this one.
Markie, when deal done, going to sell some / hold some
Nice to see I'm not alone in the Sully100 conspiracy, but kudos to Sully whoever you are
I asked someone who has done a lot of acquisitions when would an acquiring company set up a subsidiary in a foreign country. His answe as follow "It depends if you are buying the company's stock then you don't need to do anything. If you are buying assets you would set up a company (a subsidiary of the parent) to put the assets into so that when the deal closes you have a local entity to hold the assets. Usually you file a few weeks before you intend to close"
Godot, deal might not be inked, but it looks as if we're at the legals stage. Does anyone know i) How long legals could take? ii) At what stage in the legals process would you set up your company with CRO?
Makes the Sully100 conspiracy look tame by comparison
Agreed, it's time to hold and news of a Barryroe deal should put us all in profit, which would be nice. The icing on the cake would be good news on drilling for Dunquin and Spanish Point. Fingers crossed.
Markie, me too, but I still proudly have mine