Australia's largest stock trading and investment forum Australia's #1 stock forum

AQO NSE DLS

I am shocked at the company response, something smells like a...

First 7 Last

Share
Profile

Follow
davmarc

1,098 Posts.

68

16/06/14

13:44

Post #: 13529360
Share

Originally posted by anatol ↑

Interestingly some shareholders and the managing director of AQO who hold about 33% of AQO shares (26.43% + 6.34%) have announced that they have already accepted the revised offer of DLS without waiting MHR's or other superior offer!

Does this mean that everything is over for MHR, I am not sure.
Any ideas?
If yes, why is the hurry?

From the latest anns. of AQO.
"Since the announcement of Drillsearch’s Revised Offer, Ambassador shareholders, who collectively hold approximately 26.43% of Ambassador’s shares, have advised Ambassador that they have accepted Drillsearch’s Revised Offer. In addition, David Shaw (Non-Executive Chairman) and Guistino Guglielmo (Managing Director) of Ambassador have today accepted Drillsearch’s Revised Offer in respect of their shareholding (held directly and indirectly) representing approximately 6.34% of Ambassador’s shares."

Expand

I am shocked at the company response, something smells like a dead rat in the wardrobe.

DLS Price at posting: $1.52 Sentiment: None Disclosure: Not Held

NSE Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held

AQO Price at posting: 33.2¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

HotCopper Highlights: Your most watched stocks for Week 46, 2024

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

LYN

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

EDE

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

ME1

Banshee's historic trenches prove rich in antimony and gold for GDM

AUN

Cyclone signs MOU with Vale for development of Iron Bear play

AN1

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

There are more pages in this discussion • 58 more messages in this thread...

First 7 Last

Add AQO (ASX) to my watchlist