GRY gryphon minerals limited
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shield takeover

  1. Flats
    2,388 Posts.
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    15/07/10
    13:29
    Post #: 6906204
    I have a suspicion that the Shield Takeover will be blocked.

    I noticed the other day a major shareholder of SHX had increased their stake to over 10%. Considering GRY require 90% approval for this takeover to happen, this large shareholder may single handedly block the acquisition (or they are after a cheap entry into GRY).

    Shield is now up on significant volume, maybe someone else wants a crack at it?

    Any thoughts?
    GRY Price at posting: 78.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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