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0.00% 28.5¢ austar gold limited

Hudson says..."Who in there right minds gonna take up the offer...

  1. Michael2008
    725 Posts.
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    15/05/13
    17:36
    Post #: 11767831
    Hudson says..."Who in there right minds gonna take up the offer with a share price at 3.4 and a free option that's worth zero..."

    Well the free option could easily trade at .01 or 02, if not more, so that makes it a bargain if we are still at 034

    Just for example, have a look at SSN, BCC, OBL, all trading at less than their CR offer price and they did not have an option attached
    MNM Price at posting: 3.4¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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