GOR isn't taking over anyone. Not DGO and certainly not DEG.
This week they barely reached 20% acceptances of their offer for DGO. They need 80% to go unconditional.
Under the Act at 20% GOR is "deemed" to hold a relevant interest in the target DGO, and thereby in the shares held by DGO in DEG. Hence the notices.
As previously mentioned a fall in gold price and sentiment would smash GOR's share price, and doom the offer.
DGO rank and file holders simply aren't interested at the moment. DYOR.
GLTAH!
Ann: Becoming a substantial holder from GOR, page-15
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Last
$1.45 |
Change
0.048(3.38%) |
Mkt cap ! $3.367B | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.46 | $1.44 | $746.1K | 516.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 18225 | $1.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 30047 | 11 |
View Market Depth
| Last trade - 10.17am 19/11/2024 (20 minute delay) ? |
| DEG (ASX) Chart |