PXG 0.00% 15.0¢ phoenix gold limited

Ann: Phoenix Advises REJECT Evolution's Takeover Offer, page-101

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  1. 1,149 Posts.
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    This is one of the reasons I accepted the offer.

    Not as much to think or worry about as I'm locked to a position and I probably would have sold too early if I had not accepted the offer.

    That being said, will EVN be at a similar level to this or higher, which is good for me financially when I finally get the consideration from the deal? Or will it drift back and I could have done better?

    Time will tell.

    The other thing that convinced me is a gut feel that EVN will ultimately get the company, and if there are improved terms from EVN under the offer they will still come my way.

    Not recommending a course, just saying what I was thinking.

    It will be interesting to see on the closure date if the offer is extended, changed or ceased and also how many acceptances there have been.
 
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