GBG 0.00% 2.6¢ gindalbie metals ltd

I did some quick numbersCoda $10M/1500M shares is $0.006 cents...

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. 4,987 Posts.
    lightbulb Created with Sketch. 139
    I did some quick numbers

    Coda $10M/1500M shares is $0.006 cents plus 2.6 cents is 3.2 cents for GBG.

    I guess we stuffed if all big holders accept.

    Hopefully they sweeten deal to get shareholder support.

    AGO starting price bid was 3.2 cents. It finshed at 4.2 cents.

    4.2 cents for GBG would be $40M for 65 percrnt of remaing company.

    Coda still gets $10M. Means Ansteel onlh out of pocket $10M. Not to mention they own 35 percent of Coda so only $6.5M.....
    Amazing
    Last edited by Nightmarez3k: 11/03/19
 
watchlist Created with Sketch. Add GBG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.