GIR 0.00% $5.43 giralia resources nl

"I still think that GIR is being given away.Great deal for AGO...

  1. 957 Posts.
    "I still think that GIR is being given away.Great deal for AGO as they are getting all the resources plus all the cash that GIR has and paying nothing for it."

    This is an incredibly narrow view to have about the benefits that both companies bring to each other by not being in competition with each other. Both companies get to fulfil their productive intentions with even greater economy and scale than they could on their own.

    On the second point of paying nothing for it, That is correct, AGO are not buying yours, unless you decide to sell, and even then chances are that AGO will not be the new owner of your scrip. Someone who can see the benefits will. You are being given the opportunity to depart if you wish, even though AGO want you to stay on board and share in the added prosperity and returns that the combined company will generate. The only way for you benefit from the cash that GIR holds is to remain as a holder.

    incentives everywhere to do what ever you want.

    ifandwhen

    holding AGO long term
 
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Currently unlisted public company.

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