TON 7.14% 1.3¢ triton minerals ltd

Cheers Durray I've thought for years that the Chinese will...

  1. 1,189 Posts.
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    Cheers Durray I've thought for years that the Chinese will end up getting this at the heavily discounted price to its actual worth. I suppose long term holders can only hope that there is a little bit of cream left in the saucer. Takeovers are generally at a premium to what ever the current SP is giving the impression that it's generous, when in reality the SP has probably been in decline for awhile. Bellamys was interesting as it had been up around 20 dollars then went on a steep decline going to a fair bit under 10 before an offer came in at above 13.
    I just reread an old announcement from September 2019 and it reminds you how long this is being dragged out.
    Chinese seem to be pulling the strings, and don't seem to care whether it's a public or private listed company.
    PC put his eggs in 1 basket so can't really see any other options either.
    Again all just my opinion cheers.
 
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