if BTR double resource and number of shares on issue then BTR share price should be neutral. based on what’s happening with the Dow last couple of days. Happy to be cash up to see if the USA recession plays out. If so all stocks will be a lot less than Fridays close on the ASX. what I do like is the drilling company and GMD are taking BTR shares instead of the taking payment of $1m & $2.7m in cash and with WGX close by only tells me their could be three mid tier players who could be very interested in BTR as a M&A.
GML Price at posting:
2.3¢ Sentiment: Sell Disclosure: Not Held
