SBS
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0.00% 2.9¢ sub-sahara resources nl

re: takeovers and schemes of arrangement comuyamu , the best...

  1. mmartin
    5,757 Posts.
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    21/04/06
    14:34
    Post #: 1510792
    re: takeovers and schemes of arrangement comuyamu , the best option would be to buy the FP in the low 8 cent range and if the post from 2ic is correct make a %300 profit at takeover.

    from recent post by 2IC

    My call is that Barrick will make the bid (circa AUD$130M) to also assume control of all the other Tanzanian properties and flick Asmara to Sunridge for a pre-arranged share/cash deal circa AUD$50M.
    SBS Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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