"The real business of getting full value for B4M is happening"
V03
Can you explain how you consider the above?
Full value now with the M&D C Matter finished and defeated. Remember AGS were attempting to get the return of the 100% and were content in stating that failure to do so would still leave them the opportunity of continueing in the 25% J/V.
What do you base full value on now!, give some comparisons?
For example
Continueing in the J/V is the only comparison I can think of! Sell the 25% now or continue with Production for another 20-25yrs Its a hell of a call to say full value is to sell now. imo
The reason for the Sale, lets surmise its because that atm its not viable with production figures atm and/or AGS's Management cannot work with H/Q, then based on that, its the only way it would bring full value albeit not full value based on 20-25yrs of Production.
AGS's bargaining power is dictated by the circumstances Management have created for themselves and could dictate the value attained imo and that concerns me as a Shareholder.!
Granted there appears not a thing we can do! But I'd be interested in your views as to your statement of "Getting Full Value".
Md
AGS Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held