GAU great australian resources limited

bungy, how is it that u and I posted the same thing (refer post...

  1. 2,250 Posts.
    bungy,

    how is it that u and I posted the same thing (refer post 2083791) about the oppies helping the 19.9% SLV transaction out.

    we must think alike me boy.

    going back to those posts, I want ppl to EXPLORE, CONSIDER & ANSWER the following questions:

    1) WHY WOULD A COY DO AN ALMOST TAKEOVER PLACEMENT AT A DISCOUNT TO THE SHARE PRICE OF THE MARKET, WHEN IF THE RESULTS ARE THAT GOOD, THE PLACEMENT COULD HAVE BEEN AFTER THE PGM RESULTS BEING RELEASED WHEN SP WOULD BE AT 40-50c (whatever)??????

    2) Why only get into bed with another listed coy for $3.9m, if that coy cannot receive anymore equity in the coy, otherwise a formal takeover bid must be offered?

    3) If that was the camel back breaking deal, where are the NOW MATERIAL PGM results???

    As Donatello said in teenage mutant ninja turtles, I smell a rat
 
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