DCN dacian gold limited
Add to My Watchlist 0.00% ! 28.5¢

The other option is neither. If GMD get to 95.4% you get the...

  1. AndrewAD
    93 Posts.
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    31/10/23
    18:38
    Post #: 70649601
    The other option is neither. If GMD get to 95.4% you get the shares through compulsory acquisition, and if they don't, then GMD will mop up any outstanding shares with cash using a 'fair' price. Don't know whether that will be more or less than the current offer. The independent expert suggested a fair price would be ~$0.20.

    DCN Price at posting: 28.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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