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
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DEG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.17 |
Change
0.030(2.63%) |
Mkt cap ! $2.804B | |||
| Open | High | Low | Value | Volume |
| $1.14 | $1.18 | $1.13 | $8.314M | 7.201M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 67363 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 218784 | 10 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| DEG (ASX) Chart |