G'day Singas,
For what it's worth, I calculated fair value for AUG at 24/24.5 cents immediately after the offer was made, but got sick of waiting and sold out the other day at 22 cents. (Getting some loot together for the Malachite float).
Of course your entry point into AUG will change your perspective on the merger value.
Good luck whichever way you go,
Carl.
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