Would take a massive player to take out AGO considering on current prices the combnied company will be worth $3bn... add 50% for takeover premium and your looking at least $4.5bn... Also will all the predictions off higher iron prices I doubt AGO will fall in the near term...
The next move for AGO will be more takeovers... Companies like BRM/FRS
Congrats to holders and enjoy the iron ore ride
I don't hold stock in any of the companies mentioned
GIR Price at posting:
$5.01 Sentiment: Buy Disclosure: Not Held