Best possible timing of a takeover offer for current AOR shareholders.
Given positive sentiment with Gold stocks at the moment and upward movement of Gold price, it is highly likely that the Placer Dome share price will pushed up higher in US (closed at US $14.27 on 24/5) trading tonight.
This in turn will result in equivalent $A takeover price appreciating considerably above the A$4.51 effective price today. This is without any opposing takeover bids which may be a possibility.
AOR shareholders SHOULD NOT SELL TODAY!!!
AOR Price at posting:
0.0¢ Sentiment: None Disclosure: Held
