strength is also getting to 50% and funding activities through...

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redsceptre

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26/03/18

15:20

Post #: 32029795
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Originally posted by lopezinvestment ↑

There are some good people out there that can definitely replace the current team
A New MD would not be hard to find but Hanking with an increasing share of PGO want to take control because they want to have a remake of their last deal where they cashed up millions. IMO they are not interested to take PGO to production. Its all about the assets. They are cashed up and happy to buy, hang around and re-sell at a good profit.

As for shareS it all depends how much investors have at stake. It appears that there are a lot of small investors in PGO which is making things difficult for Hanking to complete the take over at a faster paste. The smaller the $ at stake is making investors not worried to loose if things go south. Hence highly likely why the slow transition of this takeover.

PGO investors have good leverage because if Hanking are really willing to buy out the company, past the date of their offer, their only other option would be to extend their offer and even improve their offer. They have indicated that they would not improve their offer but they have also said that they reserve the right to improve their offer if necessary. If they want to accelerate this process, IMO they will have to improve their offer to complete the takeover.

Just remember all: UNITY IS STRENGTH

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strength is also getting to 50% and funding activities through convertible notes

a slowly rising share price to match the offer price would indicate belief it will get up i reckon

PGO Price at posting: 5.3¢ Sentiment: Sell Disclosure: Held
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(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

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

strength is also getting to 50% and funding activities through...

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Buyers (Bids)

Sellers (Offers)