AGS 0.00% 17.5¢ alliance resources limited

proposed sale of a world-class asset..., page-109

  1. 89 Posts.
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    Call me naive but there is "perhaps" another slant on this announcement...........

    First of all it requires shareholders (that's US!!) to approve.
    Second it requires the approval of Itochu - why would they approve???

    More importantly why would you SELL 25% of something you are suing to get the other 75%???

    "Looking" for a buyer is not the same as selling!
    What it would do is establish a "VALUE" for our 25% and perhaps a basis to get DAMAGES in lieu of the 75% which I do not think AGS will get??

    Just another view!!
 
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