AGS 0.00% 17.5¢ alliance resources limited

I’m a long-term holder too, of twelve years. I’m not inclined to...

  1. 11 Posts.
    I’m a long-term holder too, of twelve years. I’m not inclined to sell either, and the current situation makes me recall a situation I found myself in when Portman Mining (iron ore) was the target of a takeover by Cleveland Cliffs around about 2003. The offer was about $3.80ps and the board, except for one director, was recommending to sell. I thought it was too low but when the last director then recommended selling I did handover my shares. A year or two later CC still hadn’t completed the takeover and they had to offer $23.00 to cleanup the remaining 12%. I’m hoping Gandel find themselves in the same position! Even if they did, they would only have to pay, in total, about 50% more than they are offering now…still a bargain...….

 
watchlist Created with Sketch. Add AGS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.