BGL bellevue gold limited

Ann: Response to speculation in the media , page-4

  1. 496 Posts.
    Hi Dhukka,
    I would more than welcome any takeover if its priced correctly. Assuming a VWAP of around 25 cents+ ( I can't see the price dropping below 25 cents in the short term unless takeover speculation is put to bed by either company) and adding in a takeover premium of 30%+ then we are looking at a takeover price of around 32 to 35 cents per share at the top range. I would have thought this would take 12 to 18 months to reach this point without takeover speculation. Of course we MAY miss out on any maiden dividend if a deal is consumated in the short term. Given this would be a material acquisition for VOC, you would think that it would be funded by a mix of, cash, script and debt, so it could be a good chance to get a nice entry into VOC (which all things being equal should drop in price if they announce a takeover), which would provide your BGL upside going forward and also upside via other deversified revenue streams.

 
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(20min delay)
Last
92.5¢
Change
-0.005(0.54%)
Mkt cap ! $1.365B
Open High Low Value Volume
94.0¢ 94.0¢ 91.5¢ $4.245M 4.588M

Buyers (Bids)

No. Vol. Price($)
6 122627 92.5¢
 

Sellers (Offers)

Price($) Vol. No.
93.0¢ 184953 5
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Last trade - 16.14pm 04/07/2025 (20 minute delay) ?
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