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524 Posts.
228
11/04/23
11:55
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Some things to note as a former holder myself.
1. I believe the offer is a pittance.
2. However, to play devils advocate, would the price be almost 50c right now but for the offer? or would it still be late 20's, maybe early 30s?
I know POG is increasing, but near term price catalysts were not there, from a company perspective, only macro.
In saying that, a revised offer of 2-2.2 to 1 is fair, but extremely unlikely. Perhaps 2.6 at best, which I still don't see happening.
I hope I am wrong. Good luck to all.
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