SRX 0.00% 19.0¢ sierra rutile holdings limited

Ann: Board Recommended Takeover Offer From Gemcorp, page-5

  1. 328 Posts.
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    Originally valued around 30c.

    It was above 20c less than year ago, then Sierra Leone Government beats the cr4p out of the company. SP sinks like the Titatic. Some wise guys buy it at 0.05 cents. Then, takeovers at bargain prices appear out of the blue.

    Then, amid all the uncertainly board recommends to sell. Wealth transfer cycle completed.

    Everyone made cash, except those who got the shares since the start (since Iluka demerger) and before all this government regulation bullsh!t started.

    Very hard to believe in markets transparency, seriously.
 
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