News: TIE UPDATE 1-China's Zhaojin Mining raises buyout bid for Australia's Tietto Minerals to $474..., page-20

Many have opined (incl. myself) on conspiracy theories, the favourite one being that the PRC govt is calling the shots and are using Zhaojin as a proxy to pick up TIE at a bargain price.

The buoyant gold price just isn't cooperating with this sh8tty offer.

If anyone wanted proof of the shambles that the asx has descended into look no further than TIE, where a conditional offer is on the table for 68c, the company has said that the share price should range between 75c-$1 and the spot gold price is at record levels of just under $2,400usd/oz. Yet despite all this the share price drops from 66 to 65c.

What a sh8t show.....And ASIC waves on the mugs punting their hard earned super contributions saying "nothing to see here..."