PXG 0.00% 15.0¢ phoenix gold limited

Ann: EVN:Phoenix Takeover Unconditional and Offer Period Extended, page-3

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  1. 6,881 Posts.
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    I think EVN increased the offer timeline to hopefully pump up EVN to $2 so that PXG get to 18c, and they hope than a lot of pxg holders will sell, why else would they increase the offer by 1 mth?
    also, I think this gives Zijin time to come back with another offer, maybe even 20c for pxg, we know Z have the money and they really pxg just as much.
 
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