PGO 5.62% 8.4¢ pacgold limited

I will be logging a formal complaint to ASIC tonight...

  1. 239 Posts.
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    I will be logging a formal complaint to ASIC tonight specifically referencing how the securities were manipulated down to the lowest point before the announcement of the take over offer, recent director conversion of options and the fact there is no independent evaluation included within the proposal, along with this inclusion of a $400,000 break fee, that royally screws retail holders even further while Garry ends up running Hankings operation.

    - Also the lack of a toll treatment agreement or any news relating to it since 2017 which might have been influenced by Hankings decision.

    - ASIC will mostly likely do nothing, so I'm not banking on anything happening, but if enough holders log complaints they might.

    - Throughout 2016 I made some good profits out of this company but unfortunately because of this circus I will be taking the offer, since its highly unlikely another off will eventuate and I still stand to profit.
 
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