IGC 0.00% 33.5¢ international goldfields limited..

Bello,If it is just 60cents I think its a disgrace. The share...

  1. 262 Posts.
    Bello,

    If it is just 60cents I think its a disgrace. The share price ran to 57.5cents twice already and the asset is huge

    I think Tony Sage did say that 80cents to $1 in a newspaper clipping about 2-3 weeks ago if I am not wrong... or was it as article on "Herd on the Terrace"

    I think minimum would be 90cents. I think $1 is a fair price.

    I hope its a cash takeover ... but then I am worried hoe is NKP going to raise money in this environment to do a cash takeover.

    If its SCRIP then a 90cents will only trade 70cents maximum.

    If its an asset sale at 90cents equivalent then the share price will be at 50cents (just look at CFE)

    I am praying upon a star for $1.20 cash hehehe...wishful thinking ....but let me have a moment where I can imagine

    Good Luck to everyone
 
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