PGO 5.62% 8.4¢ pacgold limited

Ann: Hanking Australia - Change in substantial holding, page-13

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  1. 1,484 Posts.
    lightbulb Created with Sketch. 43
    That video is from November last year.......Hanking have over 50% now.... they have all the cards.....
    The share price quickly went up to 5.7c as soon as the offer became unconditional not because the market thinks it will get more than 5.75c a share, but because it is happy to take that .05c guaranteed margin a share from the Hanking offer.
    If the Coolgardie mine does get up and running in the next few months under with the same contractors as planned from last year that would be very dodgy.
 
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1 5056 8.4¢
 

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Price($) Vol. No.
8.7¢ 131766 1
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