What were Fergus' comments about the merger and how it benefits...

First 7 Last

Share
Profile

Follow
Klue

7,188 Posts.

447

07/11/17

10:56

Post #: 28564077
Share

Originally posted by Dome Strategic ↑

My read on this is a bit different , for full disclosure I was only watching MSP until after the takeover announcement , and have been buying at various levels between 2.8 and 2.3 ave 2.55c. I was also at the AGM yesterday and thought the board seemed credible , and was very impressed with Chris F.
Because of not being involved pre the announcement means I can be a bit more casual in ignoring the spike upto 4+c and am happy to just look at the vwap comparisons for is it a fair price. I think calling for more than 49pct of the company is unrealistic as FFT is a larger company and has more assets . Also expecting more than the 4 to 1 ratio would just result in FFT price dropping more , so not worth it (end result would be the same) .
To me the merger makes sense and seeing how positive Chris F was about it (even though he is not on the negotiating board, he does have a ringside seat) reinforces that

Expand

What were Fergus' comments about the merger and how it benefits AVA?

MSP Price at posting: 2.7¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

CWX

Carawine faces Fraser Range JV collapse as IGO moves to scrap partnership

HotCopper Highlights: RIP to Botanix (for now); Droneshield new ATH; Trigg mystery halt

AAU

Antilles brings Chinese ally on board to keep Neuva Sabana work chugging on

AII

Inside the depths of Panasqueira: A legacy carved in rock

Week 28 Wrap: Tariff chaos back for some reason; CBA holds strong

LIS

'Opens doors': Li-S Energy the first Oz company to produce lithium metal foils

VMM

'Big tick': Viridis positions for global leadership with Colossus pre-feasibility study

Listen: HotCopper Wire Podcast 017 – RBA holds the toppings

ILU

Rare earths stocks surge as Pentagon buys big stake in US REE miner

Trump just dropped a 200% tariff bomb. Here's how to cash in

First 7 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

What were Fergus' comments about the merger and how it benefits...

Top Stories

Carawine faces Fraser Range JV collapse as IGO moves to scrap partnership

HotCopper Highlights: RIP to Botanix (for now); Droneshield new ATH; Trigg mystery halt

Antilles brings Chinese ally on board to keep Neuva Sabana work chugging on

Inside the depths of Panasqueira: A legacy carved in rock

Week 28 Wrap: Tariff chaos back for some reason; CBA holds strong

'Opens doors': Li-S Energy the first Oz company to produce lithium metal foils

'Big tick': Viridis positions for global leadership with Colossus pre-feasibility study

Listen: HotCopper Wire Podcast 017 – RBA holds the toppings

Rare earths stocks surge as Pentagon buys big stake in US REE miner

Trump just dropped a 200% tariff bomb. Here's how to cash in

Featured News