IGO takeover WIN, page-3

Makes LEG look ultra cheap I'm sure IGO have looked at LEG's superior tenement package greedily!!

Simply based on the takeover price at a 46% premium to WIN's last closing price, LEG would be targeted at 1.5c

The silver fox would probably want a higher buyout price... regardless, I think today's activity over the pond could see a much bigger interest in LEG and a moderate SP re-rate. To me, based on cash, MC and tenement packages, LEG is worth 1.6 to 1.7c

I'm happy holding LEG