AGS 0.00% 17.5¢ alliance resources limited

Thanks for posting that. As we can see, AGS is worth bugger all...

  1. 645 Posts.
    lightbulb Created with Sketch. 6
    Thanks for posting that.

    As we can see, AGS is worth bugger all when you take 4M out of the equation.

    Whatever way you look at this, it's not flash for the LT holders. I think it was Wasa that talked about a 50c buyout figure (and shot down accordingly), which will be close to the mark, but then how much of that gets forwarded on to the SH? If we are lucky, we'll get 20-30c, with the rest left in the kitty, but the shareprice will then drop to the 1c-5c range, mainly because AGS is worth minimal after 4M is gone.

    Mose - hopefully now you can see why we (MD and I) weren't rooting for a buyout pre-trial. It's going to sting. I think it was MD that said to you to be careful what you wish for.

    Pokémon - you seem pretty switched on with this - how much do you think we would need in the bank to look at other projects, etc? Would $100m do it? More? Less?
 
watchlist Created with Sketch. Add AGS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.