AGS 0.00% 17.5¢ alliance resources limited

Ann: $71.3 million Offer from Quasar for ACE's Four Mile Interest, page-44

  1. 935 Posts.
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    E: Can probably safely say AGS has won their rights back but not much more.

    How could you possibly come to that conclusion?

    Pity you sold your placement shares though (according to the post you made on the other site). Awfully, awfully bad timing.

    Anyhoo, my take on this is that the offer is barely above the previous when you throw in the extra value from the extra mined uranium. What differs from the previous is that this offer has not been rejected (unlike the last) & hence is capable of being accepted (unlike the last).

    By the time all necessary approvals have been received, the value of the U would be not much less than the offer. We'd have to be stupid to accept this. I vote no.

    PS: document was signed JD but authored by BT (according to doc properties). Where's SJ?
 
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