BGH 0.00% 14.5¢ bligh resources limited

Ann: Sale of Bundarra Gold Project Update, page-7

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  1. V8
    10,804 Posts.
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    I don't think that's right, they locked in now that the SPA has been executed.

    In the event the share price of Saracen falls by more than 15% prior to execution
    of the SPA, Saracen would have the right to withdraw the offer and the Transaction would not​
    proceed.

    Not only that SAR sp has been recovering nicely since falling during the lead up to signing of SPA so all looks good to my view.
    Last edited by V8: 20/03/17
 
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