Dont worry mate you will get your 18 -20 c i reckon with an increase in cash and evn sp. This will then satisfy the directors. There will also be a serious attepmt to test the retail holders to depart withbtheir holdings to evn as the general sp declines then increases (evn playing psychological games). This is why when offer extended, if u recall, i suggested the evn sp whilst ultimately will keep heading higher to test the range at which holders are willing to accept, in the short term there will be a depression of evn and to a greater degree pxg's sp. It is natural for holders to get frustrated and sell out, either on market or off and ultimately the longer it goes most will succumb. Then if the uptake stabilises evn has 2 options - increase offer or depending on the uptake not complete the takeover as effectively evn will have the majority of the shares. Can anyone tell me what percentage of pxg are held by directors and key stakeholders. Further if any instos have a stake in both?
So i will look at anothrr reentry pont with pxg and now back in evn. 3 mire weeks of volatility . Pog us has dropped but aud pog is stable.
PXG Price at posting:
14.5¢ Sentiment: None Disclosure: Not Held