Acronym Long on AOR, page-2

  1. 1,381 Posts.
    lightbulb Created with Sketch. 1
    With the slump of PDG share price overnight to US$9.91 a 20% increase in their bid may not be sufficient to obtain control of AOR.

    Current bid price is slightly above A$3 which means a 20% increase to +$3.60 will not be enough to swing this deal.

    Unless something extraordinary happens with the price of gold and the PDG share price, this deal is dead in the water.

    AOR is still an attractive proposition in it's own right and it may only be a matter of time before another major producer shows some interest.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.