AZX 0.00% 28.0¢ auzex resources limited

massive discount to takeover offer, page-10

  1. 360 Posts.
    Hi temujiin
    I'm currently writing from my phone so don't have a lot of my info, however I believe Azx has claimed GGG are not telling the truth about how many rigs they wanted to use ect. We may never know who was telling the truth but as an auzex holder and IMO i believe what the Azx board are saying.

    It would make sense for GGG to hold up drilling and getting results out slower as they would have known for a long time now that they intended to launch a t/o. IMO GGG is slowing Azx down because they wanted to t/o as cheap as possible.

    I continue to hold as I believe management will do what is right for us holders, and they also own about 12% I think it is.

    GGG needs to up their bid a lot higher to get me interested.

    Temuljiin are you a GGG holder or both?
    Your disclosure states a position in Azx.
    And as a GGG holder what is your opinion?
    Cheers
 
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