MGV 0.00% 39.0¢ musgrave minerals limited

Ann: WGX: Westgold Announces Takeover Offer for Musgrave, page-44

  1. 1,050 Posts.
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    Recommendation of our managers towards this bid will strongly influence SP.

    plainly a first offer will always be below the max a buyer is prepared to bid.

    Current sellers will be dominated by recent buyers and those desperate for cash.

    Posters comparing offer with other recent takeovers- are they factoring in variables other than gold reserves - overburden and g/T etc?

    cheers
    E
 
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