RE: Gold over $300 higher than when they bid for it!!! CASH MACHINE!!!4 Apr 2024 12:02
Exactly how I see it, if the bid goes though then I get my money back if it doesn't this is off to the races, I see 21p minimum just to catch up with other debt free producing peers such as SRB or RSG.
This is absolutely kicking off cash ATM, so much so that 18 months worth of AISC margin covers the TO price. Insanely derisory offer and the BOD should stand down if and when it fails, given their strong recommendation for the offer. Either they're part of the low balling scheme to mug shareholders off, or they're clueless. Either way they've proven that they are not fit and proper custodians of the assets.