Most probably it would be a low offer to a friendly with the usual blackmail to rob us shareholders
of the value of the asset.
Of course we would be out of cash by then and the only way for the company to stay afloat, would be to
sell the asset now, lest we want the company to go into admin.....
There will obviously be the usual publications(fabricated of course) to state that all is fair and reasonable to all shareholders.....................
I think this gives the game away..."details of the prospective purchaser and the sale consideration will be
disclosed and an independent valuation will be available to assist shareholders to evaluate THE FAIRNESS of the sale price and terms"
The deal is done...that's why it was in the paper that it was sold...quickly retraced,and that's why from the moment they put it up for sale they knew that they would put it to the shareholders by November....
Cynical....yes! seen it all before.....yes!
I just hope i'm wrong...that's all that's left to hold onto......
AGS Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held