PGO 5.62% 8.4¢ pacgold limited

Ann: Hanking Australia - Change in substantial holding, page-23

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  1. 38 Posts.
    lightbulb Created with Sketch. 9
    Very simple

    If you jack the price @ 15c there will be other people that will off load their shares in between. You have to move the gold post progressively. You want to be in control. You do not want them to play you with your own game. That's my opinion anyway. And don't forget, they are reading what we are writing here!

    We cannot be certain that everyone will follow what we are agreeing here? and i bet there are people already thinking of offloading in between to make a buk. And if this does happen Hanking will achieve their 50% a lot faster with cheaper shares and you will be left with your 15C shares, if that makes sense.

    On the other side if we list at 8C or 8.5C it is definitely better than what they are offering here and you need to see if they are going to bite at this game too.

    IMO if they really want these assets they will play the game and start buying, otherwise they will wait for the offer to lapse and they will then come with a better offer.

    As long as no one lets go and hang in there you will be good. As i said before : UNITY IS STRENGTH
 
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Last
8.4¢
Change
-0.005(5.62%)
Mkt cap ! $10.09M
Open High Low Value Volume
8.7¢ 8.8¢ 8.4¢ $41.07K 481.6K

Buyers (Bids)

No. Vol. Price($)
1 5056 8.4¢
 

Sellers (Offers)

Price($) Vol. No.
8.7¢ 131766 1
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