GRN gravity diamonds limited

beware undervalued offer for stellar shares

  1. 749 Posts.
    A word of caution to those who hold shares in Stellar Resources (Gravity's former gold, silver and base metals arm): the offer of 12 cents a share which you may have received by mail is less than the cash backing per Stellar share and in all likelihood significantly less than Stellar's shares will trade at once listed around the end of this year. The stated rationale for the 12 cent offer is also spurious and irrational in my view.

    I wonder whether the "client" upon whose behalf Gillon Securities is acting is one David Tweed... The modus operandi sounds eerily familiar.

    Each shareholder is of course responsible for his / her own decision but personally I will be treating this offer with the derision I believe it deserves as I intend to hold until news from Stellar's many exciting prospects begins to feature in the share price.

    Gupper

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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