GBG 0.00% 2.9¢ gindalbie metals ltd

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  1. 897 Posts.
    Harlee 7,

    I wasn't complaining. Just stating what I saw as being obvious and commenting that GBG paid far more of a premium than the 14.9% they state.
    GBG did state though that on a wvap over the last month, they are paying a 34% (from memory) premium. That is fair enough and without a reasonable premium, the deal will not go through.

    Nevertheless, some SDL shareholders have done very well out of the deal.

    In my earlier post I stated what you are similarly saying now that GBG are buying what has not been announced.

    My earlier post is below-
    ******That's the whole crux of this merger, the 'probability or potential' that SDL has far more IO then the market has been informed of to date.

    Otherwise, it's an expensive plan. I reckon it's their potential that is driving this merger.*******
 
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