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67.5¢ tietto minerals limited

Ann: Response to Zhaojin Takeover Offer, page-108

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Gold123

162 Posts.

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24/11/23

06:47

Post #: 71080903
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Originally posted by hope2: ↑

Now.... we wait and see if they offer more, or... another party comes in... or both

When one considers that this 'is' a new (infant) company, battling all the 'start-up' glitches, which now appears to be heading towards name-plate production levels, why would anyone entertain a takeover offer at this stage??

There are only a few take-overs that are deemed value accretive in favour of existing shareholders (of the company being taken over) and I do not believe that 'our infant company' will be offered anywhere near a 'value accretive price' at such an early stage of development.

In my opinion the hardest work has been largely completed, so I am quite happy to hold and hopefully look forward to the very real potential of future dividends!
Only time will tell.

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I'm not entertaining a takeover under $1.

TIE Price at posting: 59.5¢ Sentiment: Buy Disclosure: Held
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