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0.00% 19.0¢ vimy resources limited

Ann: DYL: Deep Yellow Proposal To Acquire Vimy Resources Rejected, page-102

  1. nitrogeon
    2,210 Posts.
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    22/11/21
    09:46
    Post #: 57743712
    The only posters who think this is a good offer appear to be a former disgruntled shareholder and DYL owners that have a vested interest in the outcome.

    Anyone with investment sense knows it's a terrible offer and has no chance of success. In my experience successful takeovers of large caps tend to need a premium of 20-30% and the specs that I have been associated at least 70%-100%+.
    VMY Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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