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05/08/02
20:30
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The acceptance level that PDG has received from AOR shareholders is very low (especially when one discounts the Harmony factor).
Methinks PDG has seriously miscalculated on this one.
If it wants AOR it is going to have to pitch its bid much much higher.
Personally, I hope PDG's bid fallls flat on its face and that AOR survives in its own right.
I am more than happy to remain an AOR shareholder and continue to reap the rewards of good franked dividends and long term capital gain.
Who knows where its shareprice will end up as gold begins its second wave bull run.
Cheers, X
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