ARL 6.25% 37.5¢ ardea resources limited

Ann: Goongarrie Nickel-Cobalt Project Pilot Plant trials commence, page-10

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,544 Posts.
    lightbulb Created with Sketch. 331
    I don't really see a 'low ball' takeover as much of a risk here. The management own 15% and the Top 20 own around 57% and people with 100k+ shares (92 club) own about 74% of the company as of the annual report last year. Since then I think a number of people with large holdings have increased their position - I certainly have.

    If TO offer comes along they are going to have to pay up big to get my shares.
 
watchlist Created with Sketch. Add ARL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.