"You don't know what you're doing" πΆπ΅11 Aug 2024 13:06
"Run rate of 200k ounces per year or 480 million revenue from 6-8 weeks away.
"Everyone commenting here knows that hence the standard of 5hit posting day in day out. My average is 9.6p now, if it does indeed fail and Coris take it all for 8.5p then I lose 1.1p per share.
If they do indeed get to the run rate of 200k ounces a year then I'll make around 50p per share. That's the risk and the reward, GL all regardless of your strategy. "
"Price and consideration rules (broadly requiring a bidder to offer at least the price that it (or any of its concert parties) paid to acquire any target shares in the three months (or 12 months in certain circumstances) prior to, or during, the offer period β further rules may also be relevant in respect of bids"