So hypothetically Goldfields could strike up a scheme of arrangement with SG which would enable their Call Option, recovering Goldfields lost $60m, and also cut Nord's holding down to <10%.
Seems like the only scenario whereby SG will be party to a majority vote unless they significantly up their bid.
And yes i'm aware that GF and Nord are basically in bed together but GF currently have significant egg on their face and should be in damage control
- Forums
- ASX - By Stock
- Ann: Shandong Gold - Response to Nordgold conduct - Update
So hypothetically Goldfields could strike up a scheme of...
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CDV (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online