I think that FMG may well make a bid for AGO tomorrow. With the IO price down 4.5% today they won't want Gina getting more shares at 4.2 cents which is likely to happen without a bid from FMG. If a bid coming from FMG they will be likely to bid tomorrow to avoid Gina getting shares at 4.2 cents. I bought in at 3.7 cents last week and want to buy my FMG shares back. If a bid comes tomorrow then a nice rise in AGO tomorrow and a fall in FMG will be perfect for me to realise a nice profit as sold FMG at 4.65 to buy AGO.
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- Will FMG make a bid tomorrow?
Will FMG make a bid tomorrow?
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