IGC 0.00% 33.5¢ international goldfields limited..

Having sold out before the previous announcement, i think this...

  1. 635 Posts.
    Having sold out before the previous announcement, i think this announcement provides more clarity on the situation that it is worth buying back in.

    i think that there is little doubt a takeover will occur. it must be price that is the sticking point which is NKP wanted a option subject to independent valuations.

    if this is expected to be completed by October, i would think we can expect a higher price than what we are currently seeing. 35c looks like a reasonable re-entry.
 
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