The only company i have heard which was interested "intensely" some months ago was Barrick. This came from a major shareholder. He also said $60 million was needed to start the show up. His valuation of the shares was between $2 and $7 and he holds a lot. He expected a takeover.
I think this is absolutely on the cards now with gold at a record price in Australian dollars and perhaps going to a new record in US dollars tonight or a day or two later
It's a sitting duck. Let's hope they negotiate a price that's good for the Carr family and good for us too.
- Forums
- ASX - By Stock
- what now for frank's dream?
The only company i have heard which was interested "intensely"...
-
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CRK (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online