I am in favour of the merger. 92e needs a lot more $ to push on with aggressive exploration. The ongoing spectre of CR’s would continue to act as a handbrake on the SP IMO. The combined entity will have far better access to capital.
I am surprised that holders are selling out today at a significant discount to where this is being valued at ($0.65). If the deal goes through then: “92E shareholders whose entitlement to the ATHA Shares as Scheme consideration will be100,000 ATHA Shares or less can elect to be treated as "Selling Scheme Participants", andhave the Sale Agent (as defined in the SID) sell their ATHA Shares on their behalf and receivecash (after deduction of certain costs) for their ATHA Shares.”
Why would anyone sell sub $0.50?? What’s more, a superior offer may present …
92E Price at posting:
46.5¢ Sentiment: Hold Disclosure: Held
