>If the Chinese would have come in with an offer within your range say 45c right away I think the directors would have taken it and I would have been happy to take 4x my money.
Its hard to knock back 4x profit. Ultimately, the decision must be made after reviewing all available information. At this point, 45c IMHO is reasonable
>Yes with the antimony resource in the ground the share price as stated by Resoal3 could reach $2, but it never will and will be taken over.
Honestly, it wouldn't really be surprising. The market cap is just tiny. It has an outstanding management team, very low market 'publicity', high demand resource and a bunch of other very, very good projects. The $2 SP, is still only $100M market cap.
Robin Bromby from The Age did a decent write up. Hopefully it doesn't stop me finishing my holding.
http://www.theaustralian.com.au/business/mining-energy/anchor-resources-receives-takeover-offer-from-chinese-company/story-e6frg9ex-1225976456922
- Forums
- ASX - By Stock
- AHR
- takeover
takeover, page-51
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AHR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
NXD
NEXTED GROUP LIMITED
Nick Poll, Managing Director
Nick Poll
Managing Director
SPONSORED BY The Market Online