I am anti takeover of any company that i hold shares in.
And i am definitely anti takeover on AJM.
Every takeover that i have read about (or being involved in), the share holder loses out.
Work our own tenements and make money.
Hard work reaps the rewards.
State governments sell off their infrastructures and receive ONE reward, then nothing.
The recipient of the infrastructure receives many rewards (endless).
As i have bitched before, AJM has done all the hard yards(work), and that is all approvals, agreements,
Contracts signings, environment approvals etc. The lists is almost endless.
Then there is the real hard work.
The workers in the field.
Mining, stinking hot days out in the field, drilling, exploring, rock sampling, surveying.
Again the list is almost endless.
Now "we" are about to receive our rewards, the cockroaches all come out of the woodwork.
Lining up, to hope that the naive share holder jumps at a few pennies about the day's closing price.
The companies (cockroaches), won't spend one penny more than they absolutely have too.
An example of this is AGO, well worth the read and following their ongoing advents.
If you want a working company that reaps their rewards selling their product to the world, receiving
your rewards in share price increases and dividends then you need to reject ALL takeover advances.
AJM could possibly be another FMG.
FMG's share price on the close is $4.39.
Let us all eliminate the word TAKEOVER from our vocabulary.
AJM Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held
