AGS 0.00% 17.5¢ alliance resources limited

My understanding is the Itochu DSR scheme can be scrapped if it...

  1. 3gb
    963 Posts.
    My understanding is the Itochu DSR scheme can be scrapped if it is considered not in AGS share holders interest. The deal is obviously still alive. I dont think any thing will be announced till after the valuation is complete. I dont think it is a bluff but It isnt a certainty either. The only way it can be in shareholders interest that I can see is if it is part of a plan to transfer ownership of ACE to Itochu. We let them have 40% at a discount so it makes it expensive for Heathgate to match the offer.
 
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