I hold both Spartan and Ramelius. I view Ramelius to be a steal at current SP, so on the one hand I see value in increasing my holding of Ramelius at these levels. So to me this part of the TID "0.6957 new Ramelius shares for each Spartan share", holds a bit of hidden value. But I am disappointed nonetheless, as I see enormous blue sky in Spartan's deposits, and I believe that in the longer term Ramelius will reap the rewards at the expense of Spartan shareholders, if this arrangement is successful. So my vote is no. Whatever the eventual outcome, I intend to continue the Dalgaranga ride. I was very fortunate to pick up a few more Ramelius at $2.11 on open. If they get Spartan, WOW
SPR Price at posting:
$1.74 Sentiment: Buy Disclosure: Held
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