GOR 1.66% $1.63 gold road resources limited

Yikes, no, I wasn't aluding to a takeover. I expect that results...

  1. 1,296 Posts.
    Yikes, no, I wasn't aluding to a takeover. I expect that results will continue to flow. I have my ticket to a new superpit and don't want a cheap takeover.

    If you read in the Dec 2010 announcement, that under ASX rules, up to 15% of current market value can be sourced as capital without prior shareholder approval. At current M/C, 15% is just under 25 million, and 25 million is the lower limit as suggested in the article in AFR.
 
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$1.63
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39 54803 $1.63
 

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