Gina will end up with 60% or so and the rest held tightly by aussies with the yanks and shorts gone.
I doubt Gina & twiggy think AGO is worth less than 4.2c, but maybe a lot more than that.
Look at that low volume, ASX volume below 6.5M will be an annual record low.
And a lot of this volume is again above the bid price.
Leading into next week and after 22 August that volume may get even lower so any buyers will have to go a lot higher once the cap of 110M is removed at 4.3c
Looks like Gina FMG and those INSTO buyers may want to see 5.5c pretty quick.
They wouldnt spend all that cash at 4.2c-4.5c to get back a loss or the same amount.
What do they know that we dont?
What can a new management and new Board do that the prior couldnt with the help of 2 local IO Billionaires and all their funds, contacts, resources and massive infrastructure?
you will soon see.
I think Gina and twiggy want to see the new AGO succeed and multibag.
