KMC NGF

re: Ann: NGF: Takeover Offer for Kalgoorlie M... The problem is,...

  1. Rifici
    2,239 Posts.
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    19/04/13
    14:20
    Post #: 11666774
    re: Ann: NGF: Takeover Offer for Kalgoorlie M... The problem is, we wont be able to sell NGF shares when we get them.

    There smells like an underhanded deal going on here between the management's of the two companies. They need 90% for this to go through - I hope they don't get it, purely on principle.

    There is no premium to KCM shareholders and absolutely no benefit in NGF shares for us and our management are telling us to accept the offer.
    KMC Price at posting: 0.6¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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