I would doubt it Bevter
.... more likely they see a distressed Exploration company with good assets, being taken over by a company with cash and a development production team, perhaps a bit like Ampella, AMX, getting taken over by Centamin (CEY, LSE). I think the "AMX takeover SP appreciation" is now well north of 3-400% plus a good dividend stream perhaps for the next 20 years at these gold prices, or even a lot lower for that matter.
Do your own research on this, but this would be my thinking....
- Forums
- ASX - By Stock
- GRY
- Ann: Change in substantial holding from MQG,MQG-GRY.AX
Ann: Change in substantial holding from MQG,MQG-GRY.AX, page-8
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GRY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online