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High Takeover Probability, page-13

  1. brinvestor
    61 Posts.
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    07/12/16
    20:42
    Post #: 21180065
    The 0.42 takeover price is what I consider to be "fair" given the current conditions of gold prices and the uncertainty about the new exploration sites. If WGX is coming for a takeover, it should happen now, and not when SAU has a couple of mines running in SK, plus Cannon underground and Cowarna. Then the price will be multiples of today.

    I am also not sure if I would accept 0.42, to be honest. I think it is a fair price but I would probably not accept it.
    SAU Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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