PGO 5.62% 8.4¢ pacgold limited

Ann: RECOMMENDED CASH OFFER BY HANKING FOR PRIMARY GOLD, page-126

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. 91 Posts.
    lightbulb Created with Sketch. 4
    Here is Hanking's announcement:

    http://www.hankingmining.com/download.php?path=LTN20180221003.pdf

    To clarify for everyone, my understanding is if you do not take this offer, and Hanking reach 50%, you will remain a shareholder of PGO which will become a subsidiary of Hanking. Therefore you will still have a long term interest in PGO's asset's, albeit with a company that has the resources available to see this through without a CR.

    The risk is do you trust the management of Hanking? Are you happy investing in a company that has no shareholder voting power? Are you happy investing in a company that is controlled offshore?

    I suppose they did almost double their money with Southern Cross over a 4 year period, so they know how to run a business.

    Interesting times ahead...good luck all

    Cheers
 
watchlist Created with Sketch. Add PGO (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 15.52pm 07/11/2024 (20 minute delay) ?
PGO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.