Will be interesting to see if JG goes away quietly or gets the gloves off.
If he believes in Deflector so much as expressed in his latest letter I wouldn't be surprised if he is looking for backing to stake a major claim on the share registry and a board spill.
With the current market cap MYG is very vulnerable to a stealthy attack from a raider. Look at Ausdrill picking up 9% for 1.5 million.
Also it is worth noting that JG has a substantial holding in MYG already as below;
23,480,416 shares
11,720,000 options exercise price $2,396,050.00
5,000,000 performance rights whatever that means?
If he has the support of an institution or Sandstorm it will be interesting to see if he has the cohunas to have a crack with his own cash.
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Mkt cap ! $70.43M |
Open | High | Low | Value | Volume |
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Last trade - 11.00am 04/12/2024 (20 minute delay) ? |
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