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0.00% 15.0¢ phoenix gold limited

News: Phoenix Gold board says take no action in relation to Evolution takeover offer, page-3

  1. ccmfc
    1,149 Posts.
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    19/09/15
    07:50
    Post #: 16021567
    While I agree another offer is certainly possible, I don't think the current price is factoring that in.

    Due to the higher EVN price the offer ia currently worth more than the initial 12c, more like 13c and some change.

    If Evn keep rising, we will creep with them. If Evn dip we probably wil too.
    PXG Price at posting: 13.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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