Trans-Siberian Gold Share Price (TSG)

Brazen! shareholders disenfranchised. looks like a fish, smells like a fish, tastes like a fish.........

Reading that RNS, why would the owners sell out of this company?? Something seems odd with all this

Hey Kenj - haven't seen your name on the POG BB for quite some time - did you sell out and invest elsewhere ?
I took my money from TSG and punted on a couple of pre-production miners Orosur and Galantas as well as a left field financial called SYME. Past 12mths has been very good for me, glad I diversified from POG into some PGM miners like SLP / JLP & THS. Also made out like a bandit on EUA - I've locked in six-fold profit and still hold a position valued at more than my initial stake just in case the buy-out ever happens

Thanks for that Kenj.
AJ

AJ,
To the best of my knowledge, there is no forthcoming dividend payment.
In their offer to buy all of TSG's shares, Horvik said that the 118p offer price would be reduced by the amount of any dividend paid before that date. Consequently no dividend is likely to be issued, and the share price will remain locked between 115p to 118p until the deal is finalized. There is a faint chance that the deal could be blocked by the regulators, but most deals sail through unopposed.