don you think acquisition on the way?

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AV78

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28/08/23

12:17

Post #: 69586019
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Originally posted by Silent-Bubbles: ↑

Well well......Mr Lucas eh ? And Shagz was finally right in that Brett did have some BIG news......LOL

" Newly appointed independent Non-Executive Director, Mr Lucas is a vastly experienced corporate lawyerwith a particular focus on equity markets, mergers and acquisitions, corporate governance and AustralianSecurities Exchange regulations and compliance. He also has extensive experience with cross-borderM&A transactions, including those involving Australian, U.S. and Canadian companies. "

He does indeed as he was the Head Partner in the whole Chinese play when Zhongjin Lingnan - a subsidiary of Shenzhen Zhongjin Lingnan Nonfemet Co. who acquired the remaining stake in Perilya Mining .

Perylia was the Original owner of Moblan when Zhongjin took its first stake in Perylia in 2009 ....and got it ( Moblan ) virtually for nothing at the time as they were primarily looking at and interested in Perylia's African metals projects . Nonfemet then went on to sell the 60% stake in 2017 to Guo Ao for US$60 million .

Not surprised here folks as Brett did seem out of his depth and also out of touch with a number of issues going on.

Mid to longer term the share price should go up from here as this would indicate to me that someone potentially really BIG is being headhunted and perhaps even being recruited right now for his position.

Buying opportunity I would think.

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don you think acquisition on the way?

SYA Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
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don you think acquisition on the way?

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don you think acquisition on the way?

Top Stories

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

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