GRY 0.00% 20.5¢ gryphon minerals limited

Hopefully it's not just Mac bank building a stake on behalf of...

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    Hopefully it's not just Mac bank building a stake on behalf of Teranga, who at current pricing could be picking up a chunk of the company for no premium at all. I suspect this is unlikely though, given it was an all scrip TO bid. So...hopefully it's Mac bank building a stake on behalf of a "white knight" and we'll see a higher offer. Or...they might just be betting on the arbitrage opportunity. Brexit clearly good for gold in short term any which way.
 
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