MIN 2.12% $52.05 mineral resources limited

Ann: Becoming a substantial holder for ESS, page-9

  1. 10,378 Posts.
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    as an ESS shareholder i hope MIN offer us top dollar although we know we will get screwed over, the independent valuation for ESS comes in at only $1 and we are only trading at 58c, even if MIN offer 70c which is 20% above last close, you guys will be getting an asset that once in production will be generating hundreds of millions of dollars in profits every year, ESS is worth $1.50+ but we know we wont be getting anywhere near that offer, I would prefer any all cash T/O not script or any other deal, but thats just me, im a take the money and run kinda guy, plus as someone who think the whole market could crash any day, i dont really wanna be holding any stock when that finally happens.
 
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