From memory it took Zijin group along time to get all of NGF shares like two years they started of with low offer and had to raise it couple times to secure the 90% they needed to take full control ....
The sames likely here they may well get 50% at 5.75 but to get the rest they will be forced to pay 6-7c+ AUD Gold continuous bull trend should force them lift next offer for the other 40% before long
Ann: RECOMMENDED CASH OFFER BY HANKING FOR PRIMARY GOLD, page-107
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