Ann: DUO: Dispatch of Off-Market Bidder's Sta, page-6

  1. 544 Posts.
    re: Ann: DUO: Dispatch of Off-Market Bidder&#... Already shredded Bungy! They have no chance but I reckon there is a reason for this (might sound a little far fetched). They are doing this so they can get cheap shares in AGU (and PDY) from unsuspecting holders. Reckon they will see how many they get and then drop the "51% control" condition and keep the stock for themselves....

    That means with a reasonable holding we will either never be rid of them or they can cause havoc by selling on market on upward price movement.

    They know the SP is well undervalued and see this as an opportunity to ride our future success starting with this quarters drilling and JORC.

    Holders - please do not sell to these monkeys...
 
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