That would be very cheap & would not make any of us happy. The anticipated pricing for me would be $6.50-$7.50 & I would start feeling happier about this. The earlier valuations by many brokers etc were between $4.50 & $6.70. This was only taking into account Lacerta. What about the very hefty upgrades coming from Atria & Overston.They will potentially double our resource. We also have a new one for me ,Polaris. Polaris is developing very well also. So at the estimated $2.58 I could only hope that Mr Gilby would recommend no action whilst a bidding war develops from other potential preditors. This company has an enormous potential which is still to be realised. Seems this is going to be a very interesting time. Looking forward to paying Mr Rudd some pocket money out of this one.
SHG Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
