I believe most of the buyers for 4.3c are taking a punt on an improved or alternate offer. If, 5 days out from close of Redstone offer, there is nothing sell and make a 2.4% loss. If any better offer comes it would likely be in the 4.5-5c range and a quick 10% profit (roughly) and any bidding war makes it better. Not a bad return in a couple of months with a limited downside.
- Forums
- ASX - By Stock
- AGO
- Ann: Replacement Bidder's Statement
Ann: Replacement Bidder's Statement, page-117
-
- There are more pages in this discussion • 179 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AGO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online