I regard this as a very good post. For me I would be very happy receiving shares in the merged entity as consideration provided we get to share in the fruits by getting full value for our shares - at least 5c or more. The assets will be much more valuable in the hands of a more powerful company and we must share in some of that upside.
The numbers for the TO price on this blog are horseshit to be frank. They reflect the current sp which has been beaten down by dumping, the near death experience, volatile IO prices currently on a down and the effects of the lender bastards offloading billions of shares. The sp bears little resemblance to the value locked up in the company.
Cliffy is good negotiator - that's pretty clear. And he will be in a very bad mood because he will have been slumbering peacefully and will have been rudely awakened during his REM sleep cycle (never good).
So if these guys think they can do this on the cheap - think again. Cliff will give them the arse pretty quickly if there numbers do not respect a fair share of the merger value.
Go Cliff. Go AGO. Go Trump (well maybe not go Trump!)
AGO Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
