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
GRN
gravity diamonds limited
beware undervalued offer for stellar shares
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