RE: Asset sale and Shortly23 Oct 2021 09:37
Bellers ,AReal ,Sean ,nttg & all
Morning
I’m in the same thinking as other posters have noted including you dudes ,
The ‘ shortly ‘ dragging on if you like , is perhaps the ‘ Full Mashings’ will land in one go , JORC , licences, etc & then the deal outline with figures & the buyer ,
Whether in two hits/ RNS or the whole kit & caboodle & possible suspension !
That would suit myself with figures on the table & all these recent market shenanigans crushed in one swoop & believe the the deal will even impress the most negative investors , time is the only toxin .
Volume has all but dried up & perhaps all investment positions have been taken until some numbers on the table , however the risk is without a position / stock & suspension is announced with the deal offering,
you will be locked out without stock - without a potential bagger - & without a special Divi .
End of the day , this ain’t no car boot sale on a Saturday morning with Del Boy selling a dozen palladium spoons out of a suitcase
It’s an absolute whopper of a asset sale hence the legal bigwigs & banks / mining specialist involved
My musings
Rums all Round