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0.00% $5.43 giralia resources nl

AGO 3.41 today valuing GIR at 5.11...Would take a massive player...

  1. christrading
    526 Posts.
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    19/01/11
    18:59
    Post #: 7762476
    AGO 3.41 today valuing GIR at 5.11...

    Would take a massive player to take out AGO considering on current prices the combnied company will be worth $3bn... add 50% for takeover premium and your looking at least $4.5bn... Also will all the predictions off higher iron prices I doubt AGO will fall in the near term...

    The next move for AGO will be more takeovers... Companies like BRM/FRS

    Congrats to holders and enjoy the iron ore ride

    I don't hold stock in any of the companies mentioned
    GIR Price at posting: $5.01 Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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