I have to say well done to AGO holders for standing ground, but you have to give Chris Ellison some credit to the SP increase, MIN will miss out, but without them making a T/O in the first place IMO I don't think anyone wanted to buy AGO in a takeover situation.
I think Chris is smarter than Twiggy and Gina but doesn't have the deep pockets like them, MIN would have kept your employees jobs and moved your money into what I think still is a undervalued business at MIN for what they plan on doing in the future.
So Chris came along made a offer, Twiggys ego would of been like "I can't let this b*^tard buy port assets and encroach my IO business, I'll put in a blocking state, then Gina came along and said "I can't let twiggy encroach on my territory, ill put in a blocking state & a T/O bid" Game set Match!
Well done AGO holders, once you get your Money, move it into MIN.
GLTAH ALL IMO
AGO Price at posting:
4.4¢ Sentiment: Hold Disclosure: Not Held