ORR 0.00% 56.5¢ orecorp limited

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

  1. 1,696 Posts.
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    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.
 
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