PGO 5.62% 8.4¢ pacgold limited

Ann: RECOMMENDED CASH OFFER BY HANKING FOR PRIMARY GOLD, page-94

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  1. 444 Posts.
    lightbulb Created with Sketch. 3
    You can easily sell on market now and be done with it, mate.

    Pretty simple math:

    Top holder is Hanking
    Management have given their recommendations (so you know where their votes are going – you can tally up using Annual Report)

    Really depends on what position the rest of the Top 20/30 take (comprising over 50% according to Garry and as listed in the Annual Report). Not enough meat on the bone in retail to block the deal if all of the above are on board.

    The private cash offer is the kicker for me. If it were another listed mob offering a cash and/or equity deal so we could realise the potential of the assets we've invested in, then it wouldn't be such a blow to the berries.

    Do your own research.
    Last edited by AlbyTangles: 21/02/18
 
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