How does a t/over by a UK based company of an Australian company help (or hinder)the development of Bullabulling?
Access to the UK capital market as a value adding proposition is a furphy. Just an excuse to go to Wimbledon haha! There are plenty of lenders / investors in Australia and elsewhere who would support a good project which Bullabulling is shaping up to be.
Real value creation occurs when a good technical team is well managed and supported and finds more gold. Who is best at providing that management and support? AZX or GGG?
What is sure, the asset is best managed by ONE company. Let common sense prevail and the company that sees the most upside pays 50% of the upside to the other and get this saga off the table.
AZX Price at posting:
69.1¢ Sentiment: Hold Disclosure: Held