DONT GIVE AF/WYLOO or IGO ANY MORE SHARES !
Not one cent worth.
look at what they did with their MCR shares at 19% at 136c, forced price to 104c then bid for 140c at 100% and got 100% taken over dirt cheap.
look at what they did to WSA shares of 10%, flipped to IGO on their cheap bid in exchange for a refinery JV & IGO took WSA cheap
look at what they did with their AGO shares of 19.9%, flipped to Gina richest woman in Oz who went on to make a 50 x MBer from them while us holders got a pathetic 4.5c ps compulsory acquisition.
look at what they did to AHZ POS, diluted to infinity 200M to 3400M shares
look at what they did to ANL, went bust to 0.00, taken by Glencore for the debt & still mining 25 years later
if you give them shares you will live to pay the price
So for Wyloo 6% to 19.9% at say 8.1c of 330M = $26.7M cash, tempting but its blood money.
IGO is already at 21% so need AGM & ASX approval so its complicated.
they will likely as in the MCR POS WSA precedents force the price down to 5.0c then bid at 8.5c & tell you how great their bid is and stuff all you LTHs like prized pigs like they did at MCR WSA ANL AHZ POS LLAZ et al.
Give the shares to Zeta, Trafigura any one else who wants them.
DO NOT GIVE THEM to AF/WYLOO or IGO or its cheap curtains imho
PAN Price at posting:
9.2¢ Sentiment: Hold Disclosure: Not Held
