Saozzi, I've done stacks of research. Reading between the lines, there seems to be some disagreement between ggg and azx as to the best way forward and as such ggg have taken the opportunity to take control of the whole show. If it was so amicable then why is the offer unsolicited?? Amd why is it a pure scrip takeover when all indications to date were for both companies to vend their portion of the project into a new entity??
A lot more to this than meets the eye methinks...
AZX Price at posting:
70.6¢ Sentiment: LT Buy Disclosure: Held
