Hi Richardonichol Good to see QGC holders are keeping an eye on this one too. Yes QGC is getting a bargain, even if you factor in the current market conditions & prices on the boards. The thing that leaves me a little bemused is the pricing for our Atria reserves. If SHG released the figures, I am confident they would show a rather large (significant) resource & the factoring in at 10c per GJ is in small print for good reason. IT IS NOT ENOUGH!. Yes SHG holders could be getting value as well considering that QGC is currently undervalued as well. I am confident the current QGC pricing should be in excess of $6.00, so the deal is not so bad. I was waiting for our reserves to be upgraded so some value would be realized but MHA take a bloody long time to do anything. So all I have to do is convince myself that QGC/SHG will achieve better that $8.80 & I have the value I was looking for with Sunshine in the short term. So it's not all bad. Salty
SHG Price at posting:
$2.78 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)