re: Ann: A$27 Million Takeover Offer by Palad...
God, wake up from nightshift to this offer??.. Surely its a nightmare, or I'm still dreaming???........
Hmmm... maybe Rob is feeling a bit guilty after shafting LT holders with this offer. He doesn't seem to be returning any calls today so hopefully it's because he is inundated with complaints.
No offence to PDN holders, but why the hell would I want a measly few shares that have been falling from $4.30 in April to todays price? By the time we get our issued shares what if they are worth $3 ? Not much incentive there at all.
Keep the drills turning, and keep PDN out of the NGM boardroom.. And Rob, if you are reading this forum, shame on you. To all other holders, lets see if we can stop them from getting the 90%.It's going to be hard with him getting his 30million shares to vote with, but if my rough calculations are correct, we only need roughly 21 - 25 million shares to put this to bed..
With another resource update, and more good U hits in this drilling round, we will have no problem getting 15c cash for our own shares in a few months...
Disco.
NGM Price at posting:
13.5¢ Sentiment: None Disclosure: Held
