Harlequin is worthy of much respect from us fellow shareholders.
Harlequin put its balls on the line by spending $13.6 million to take out Pala in what was a powerful chess move to counter Dingyi.
They paid a 70% premium to market price in doing so.
That act alone has prevented Dingyi from stealing this crazy diamond of a project for a song and given all shareholders hope to realise full value for our asset.
That is why Dingyi were furious when they found out about this transaction.
So thank you to the directors of Harlequin.
K2P Price at posting:
22.0¢ Sentiment: None Disclosure: Held