BSG bolnisi gold nl

what is happening here ..., page-12

  1. 24,765 Posts.
    The problem at present is that the takeover/merger price just keeps on getting lower and lower.

    Based on Coeur's closing price of US$3.36 and the AUD now at 81.83c the bid is now worth just $2.80 a BSG share.

    Hate to think what will happen in coming months should Coeur continue to underperform on the HUI and the Aussie dollar runs back to nearly 90c.

    Have a look at the BSG share price from 10th. November last year.

    I think it is fair to suggest that $2.80 is significantly below the daily average BSG share price since then.
 
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