ORR 0.00% 56.5¢ orecorp limited

If it's extended if means the offer is not successful, still is...

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. 1,707 Posts.
    lightbulb Created with Sketch. 160
    If it's extended if means the offer is not successful, still is doable. I wonder want perseus is doing? Why they don't bid? Imho perseus management is laughable. They got into a game that they don't know how it is played. Either you have the firepower and the will to make a kill or you don't try at all. Now they will get stuck with a 20% share holding which translates to a miniscule holding in SVM with zero premium and no access to the actual mine in Tanzania. They also got stuck with depleting mìnes elsewhere that doesn't give then enough time to replace ounces. Seemingly SVM is the winner here.
 
watchlist Created with Sketch. Add ORR (ASX) to my watchlist

Currently unlisted public company.

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