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
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Here is Hanking's announcement:...
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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($) | Vol. | No. |
---|---|---|
8.7¢ | 131766 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 66000 | 0.075 |
1 | 10000 | 0.071 |
1 | 50000 | 0.070 |
1 | 200000 | 0.065 |
1 | 67231 | 0.063 |
Price($) | Vol. | No. |
---|---|---|
0.081 | 20103 | 1 |
0.082 | 25517 | 2 |
0.110 | 991 | 1 |
0.120 | 80000 | 1 |
0.150 | 12000 | 1 |
Last trade - 15.52pm 07/11/2024 (20 minute delay) ? |
PGO (ASX) Chart |