AHR 0.00% 1.3¢ anchor resources limited

takeover 15mil resource value $262mil to $524m, page-13

  1. 2,648 Posts.
    I would'nt read too much into it,its just the lemmings taking a quick profit up to the bid price.Be patient,our management are a cut above most out there.Heres some simple maths...AHR have so far proved up around 18,000 of pure metal at around $14,000 per ton.Divide by the amoumt of shares on issue and you get a figure of around $5 dollars per share...and that is before any more upgrades.Obviously there will be development costs,but any company bidding for AHR need to decide how much they are willing to bid for that $5...and .28c is simply not enough.
 
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Currently unlisted public company.

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