AAG aragon resources limited

westgold take-over?

  1. 202 Posts.
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    Westgold have bought another 800,000 shares bringing their total to 20.13% of Aragon.

    While usually this would trigger a compulsory takeover bid, in this case since they already owned 19.75% they can buy up to an additional 3% of us every 6 months without making a bid under the '3% creep' legislation.

    Crazy! Whats Cooks plan here? Maybe he will acquire 100% of Aragon 3% at a time between himself, Metals X and Westgold!
 
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