AGS 0.00% 17.5¢ alliance resources limited

poll on outcome, page-142

  1. 7,844 Posts.
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    Moseley
    That's not correct.

    I base my opinions on what Management have told me and sure they haven't been definitive in what direction they are going but on face value, to me, from those conversations , the best result for Shareholders is the return of the 75% which I believe should happen.

    If as many post that a buyout will happen then its a wait and see but if/when the Court procedeings start and the further they progress, then we may see a selldown in the shareprice from those who bought for the purpose of a quick return and that possibility fades away. imo .

    60% of ACE with Itochu is worth more than whatever the BBros offer now for whatever imo albeit we may have to wait 2+ years for the share price to reflect full value for B4M if AGS gets the 75% returned.

    I've prepared for that possible time frame. I suggest others shouldn't count their chickens before they hatch.

    Unless N.Blue is Santa Clause. imo

    Good Luck All

    Md

 
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