Rowliegb. That sounds like a safe tactic. In much the same position. There are a few aspects of the drama I don't understand and you might like to express a view about.
Firstly, Gina has about 25% now but it seems most of these shares were bought on market. By implication, there seem to have been very few acceptances to the offer. Do you agree? Secondly, Gina is not going to increase the offer while she is able to buy reasonable numbers at .042 on market. Thirdly, about 20% of the company shares have traded at >.042 in recent weeks. It is hard to see many of these accepting the offer. This 20%, plus FMG 20% and Gina 25% leaves about 35% in the same situation as you and I. It certainly is intriguing. I think if I were Gina I would be happy to continue to soak up shares at .042. What do you think?
AGO Price at posting:
4.2¢ Sentiment: Hold Disclosure: Held
