Yes, dsm0. Just wish I had more confidence in « commissioned » so called « independent valuations ». And it’s hard to think of anyone « associated » with AGS who is « not associated with the bidder ». ...
As all good asset strippers know the parts are often much greater than the whole.
What fair price really for the unrealised potential of our carefully selected (thank you Steve et al ) Gold, Iron, Base Metals, Graphite, and Nickel-Gold in Wilcherry, Gundockerta Sth and Nepean. .. ??? Quite a bit more than 14 cents IMO.
While traditionally buyers pay a premium for assets that may be contiguous or beneficial to their current assets I do not know if that applies to our assets in relation to GM’s vast private holdings throughout Australia
Other assets not included in the Bidders Statement Response statement are our huge « controlling » share holdings in TYX ... and our shares in CTL and SDV
AGS Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
) Gold, Iron, Base Metals, Graphite, and Nickel-Gold in Wilcherry, Gundockerta Sth and Nepean. .. ??? Quite a bit more than 14 cents IMO.
