Q: Hi,
Do you have any views on IOC? Recently there was a news in the media that Teck is planning to bid for it. I looked at the financials which are not pretty. Why are investors willing to pay a huge price for a money losing company. Why would teck be interested. Thanks
Do you have any views on IOC? Recently there was a news in the media that Teck is planning to bid for it. I looked at the financials which are not pretty. Why are investors willing to pay a huge price for a money losing company. Why would teck be interested. Thanks