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Ann: Trading Halt, page-6

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pilatus

6,661 Posts.

291

08/05/15

10:37

Post #: 15240619
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Originally posted by gsenevir ↑

I like to think we would get an offer close to what you have suggested. The Chinese like to play with 'number' as much as the coy fundamentals. In particular the number '8' in their bids (eg. trading holt on 8 May!). Based on my presumption, I tend to think their 'final' offer (unless there is a competing bid from a another suitor) is likely to be either $1.88 or 1.98, both within the reasonable price range as predicated in the Target statement. IMHO and as a long term s/holder any bid under $2.50 is a win for GRAM. This coy has huge potential going forward and unfortunately we s/holder are not going to see this. Just my parting thoughts as I see this coy get snapped up by GRAM for under $2.00.

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Short sellers have completely destroyed this Co for the benefit of GRAM

PNA Price at posting: $1.73 Sentiment: None Disclosure: Held
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0 Great analysis

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