HGO 1.79% 5.5¢ hillgrove resources limited

Hillgrove 2019, page-10

  1. 17 Posts.
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    I have always maintained that it is likely that someone will make a low ball offer for Hillgrove Resources and while this may be in the interests of one or two majority shareholders, this may not be in the best interests of all shareholders.

    I will be watching closely for any expropriation of rights by majority shareholders if this were to eventuate as any offer has to be in the best interests of all shareholders.

    Interestingly, perhaps someone on the register may have an interest in keeping the stock price low so as to minimise capital gains tax and at the same time benefit from a huge fully franked (tax free) dividend?

    I would love to know who for example is selling the 2,000,000 shares at 8.5 cents!

    Ducky
 
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