HRR heron resources limited
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HQ Takeover of GCR

  1. Shokan
    23 Posts.
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    03/01/16
    21:05
    Post #: 16719052
    Does anyone know if HRR intends to accept HQ's offer of 8.25 cents per share for HRR's 19+% holding of GCR? The independent report (Bear in mind, YES! An Independent report so there is no bias.) puts a value on GCR shares between 15-22 cents. Heron would be derelict in their duty if they were to accept the current offer and loose several million dollars in the process. Shareholders should tell HRR we are not in this to throw money away and we expect better decisions from the board.
    HRR Price at posting: 9.3¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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