it looks like GUL has accepted; their 29/2 announcement:
29 February, 2008 Company Announcement Office Australian Stock Exchange Limited Sale of Shares Gullewa today commenced the process to accept the offer of $1.10 per share for its shares in Allegiance Mining NL. After receipt of these funds the overall position of the Gullewa group will be as follows : $m Cash 13.3 Yalgoo Gold Tenements 0.1 Shares - Listed 0.8 - Unlisted 0.3 Property 1.6 Total Assets 16.1 Creditors (2.1) Tax Liability (Estimate) (1.1) Total Liabilities (3.2) Net Assets 12.9
AGM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
