PXG 0.00% 15.0¢ phoenix gold limited

IMHO many different outcomes possible maybe agreement between...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,287 Posts.
    lightbulb Created with Sketch. 279
    IMHO many different outcomes possible

    maybe agreement between Zijin / EVN as neither could fully takeover PXG without the others shares as I understood 90% min to get 100% control ....so say Zijin getting a percent of PXG assets close to NGF plant for there shares etc ..


    Or one just goes for control i.e 50.1% etc and in turn pushes PXG too their favor ..maybe hoping the other will sellout ...IMHO EVN more likely to do this..

    As much as I would like to see us S/H's get the fair deal 18c-20c+....think thats 50/50 at this stage
    Last edited by Sharetrader78: 25/08/15
 
watchlist Created with Sketch. Add PXG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.