APG 0.00% 0.2¢ austpac resources nl

takeover thanks guys

  1. 1,434 Posts.
    The difference between this time and the TOR deal is that we have a pretty good idea of what we are expecting.

    Either a take over offer fro BHP or a placement (as indicated in last announcement with BHP) at a large premium to market which is speculated to be in the mid twenties or so which will see a SP at a minimum of 25 -28 on a placement/project announcement and much higher for a take over.

    So what is different from yesterday to today...

    Simply this, we are one day closer to the announcement and a couple of posters have expressed their opinion that the stock will fall and as a result it has.

    Thanks guys another 700k for my kitty at 16.5 and17c

    It only gets bettter!



 
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