I brought it at .17 with a view of getting a quick 30% approx as a minimum which I am still hopeful for, but with a view that actual result could go higher as they have always said there were a few others players sniffing around. Hopefully the delay in announcement is 1) Talking to major shareholders and 2) trying to get the other companies to make a better counter offer. either way do hope we hear something soon.
Always takes longer than expected, i brought into RTA (Rutila Resources) prior to their takeover with similiar views and a quick 20% gain. Got the 20% but stretched out by 4-5 months to get everything covered. Remember my understanding is that running fox is a concrete offer.
AOW Price at posting:
18.0¢ Sentiment: Hold Disclosure: Held
