Hmm this is a sticky one. The latest lse filing from ggg indicates that there has been some animosity between the jv partners and now it looks like ggg have gone in for the kill and decided to strike with an all scrip offer at a time where their scrip looks quite overvalued compared to AZX. Not how i thought it would turn out and unlikely to be the best result for AZX holders. Keenly awaiting mgts response...
AZX Price at posting:
70.6¢ Sentiment: LT Buy Disclosure: Held