GAU 0.00% 11.0¢ great australian resources limited

trading activity, page-9

  1. 2,250 Posts.
    Mr D-Train

    the gut feeling seems to be on the mark

    2 announcements in 1 week.

    THIS ANNOUNCEMENT (in my books) IS HUGE/COLLOSIAL

    GAU have now shown their cards being:
    1) Get rid of all assets except platinum
    2) SLV taking over GAU

    takeover is pure speculation but why would a PURE PLATINUM CO SLV and an ASX top 300 "INVEST" in a junior - smells like a takeover

    which means what happens to nickel - probably an in-specie distribution/spin-off coz the coy, based on announcements, seem to think up to 27% Ni around. thats HUGE. Note: Inspecie will mean all oppie holders MUST convert to get Ni placement in new coy. This means at a minimum, SP will be "forced" up to 35c ie 15c avg oppie price now + 20c

    WATCH THIS SPACE KID COZ BIG KEV JUST GOT EXCITED


    DYOR - above all thoughts only and only hearsay
 
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