All the best . I’m pretty much Out ,. of the other. Any premature signs of management talking of Takeover offers , at an earlier stage in development, I Don’t like . It’s still a good outcome if compelling value attained for shareholders though, of course .
In many cases likely we will be investing , and perceive that medium - term takeovers will be the likelihood . It is going be sad how many promising , well started up Australian asx companies may get taken out in this next year or so. Sad if good assets fall into bigger hands for too small a price .
I prefer - Strong, robust , not able to be beaten or held down so much , stocks . I sold out of Echo in February, limited funds so made a choice , & sold not even very high , once I realised Northern Star already in the Board . And that TO the likelihood . Maybe they can rise above and go their own way forward . But it doesn’t look like it .
I bought other Explorers Christmas and into early this year , developers - that I truly see myself wanting to hold , as steady, good companies for longterm for me. Or until taken out if occurs . They went up more strongly , multiples of where bought , I feel deservedly . I only sold down some of these golds just now . And partly because I think exceeding value now - certainly compared to a multi UG mine operator here now . Fully automated setup now as well ! So I judged to buy more here , WGX instead last week .
Rumour can be takeover attempt here too . Written up in national media last week . So the more investors the better ! Welcome if shareholders join - help the shareprice get to higher levels . ASAP I hope . Don’t be low prey .
I’d prefer Westgold Not taken over Or definitely Not - for too cheap !
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