Well, I am really enjoying this.
The TO is developing into a nail-biting showdown between two Australian corporate super powers
- In the left corner: Gina (Hancock/Redstone) owning 19.96% and saying "sell to me for 4.2c!!!"
- In the right corner: Twiggy (FMG/NCZ) owning 19.9% and saying "don't sell, hold on, wait!!!"
This could be THE STORY OF THE YEAR on the ASX.
Since I got in under 4.2c I can wait, wait for a better offer and an even better offer because I cannot lose anymore. The worst that can happen is that I might be forcibly acquired for a profit. How good is that as a shareholder?
In the end, it may not be the biggest profit I have ever made but I am having a hell of a time holding AGO at this time. Bring it on!
AIMO
- Forums
- ASX - By Stock
- AGO
- Ann: Supplementary Bidder's Statement
Ann: Supplementary Bidder's Statement, page-16
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