who should get jts share gf jt me

I am trying to work out why is Goldfields offered the first option to buy JTs shares.

Taken from ASX announcement 3rd April

"In anticipation of the ANZ acting to dispose of the shares and in order to facilitate an orderly and
Company advantageous book-build, the Company has sought and has been granted a suspension.
The Company is at an advanced stage in the book-build process aimed at achieving a disposal at or
near market price"

Why is JT not been given the 1st opportunity on these shares. I am sure these shares would be better placed in his hands or with this book build.

At 35c that goldfields paid for the last lot I am ready to buy as well and I am sure many other long time holders would also be happy to buy.

Possibly the announcement of the commencement of the pre feasibility study was the each way bet by JT so that when the favourable outcome would be made to the ASX it would also help raise the price of the stock. This was in case GF gets the stock and tries to vote out the current Directors they would need to offer a higher price.

Either way Conquest has a great story to unfold, its just that with JT holding his shares we would be better placed to get a higher price for our stock.

I still believe that JT is the man for the job, and we need to support him for his efforts to date.


I welcome your comments.


ZESTO