I agree 6699, shareholders will not approve the 0.27c placement without the promise of a further "realistic" takeover bid.
I think i read here that November has been targeted by GAU for an EGM to request shareholders to ratify the placement and the dilution announced this week - am of the opinion that the picture will have become a lot clearer prior to this meeting.
Fingers crossed that GAU management do the right thing by us around the negotiations table.
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