PGO pacgold limited

4.35%

11.0¢

Ann: Target's Statement, page-36

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jackfisher1

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26/03/18

19:44

Post #: 32037046
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Originally posted by lopezinvestment ↑

IMO Hanking is not interested in going to production. They are in for the short run and if they do, it will only be Coolgardie and nothing else in an attempt to improve PGO cashflow. The idea would be the acquire the assets and offload at a high profit.

Another hanking approach would be to maintain their offer and halt Coolgardie's progression which means no cash flow. This week's share acquisition by Hanking will be interesting. If it slows right down that will mean Hanking will have to come with an alternative way to acquire the rest of these shares if they are serious at it.

I do hope investors hang on their shares because that would mean investor's would have played Hanking with their own games and end up with a higher price per share irrespective of whether they end up selling on the stock market or sell directly to Hanking.

IMO the longer shareholders hang on to their shares, the higher the share price on the stock market will go and if Hanking is burning to take control and gain 50%.

In shareholder's interest i would recommend shareholders to definitely hang on to those share to a point where a better share price is offered.

IMO Hanking will be buying off the stock market from now at higher than 5.3C. So the longer you wait, the higher the price per share will be. You can already see that on the stock market, the shares have been trading at 5.3C. They are just playing shareholders and have been buying and pulling back and trying to control the price as they are the only ones buying.

A minimum price can very easily be set by offering the shares for at least 8.0c.
Everyone should go to the stock market this week and start to offload their shares at 8.0C minimum.
This will at least send a strong message to them and tell them that this is the asking price and nothing less.
Buy it or bugger off

Sentiment: HANG IN THERE BOYS YOU ARE ON THE RIGHT TRACK

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The takeover offer will be close to 40% be weeks end, 2 weeks into the initial period. They have no problems achieving 50% before the closing date on the 17th of April.

PGO Price at posting: 5.3¢ Sentiment: Sell Disclosure: Not Held
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Last 11.0¢		Change -0.005(4.35%)		Mkt cap ! $49.78M

Open	High	Low	Volume
11.0¢	11.5¢	11.0¢	1.293M

Buyers (Bids)

Vol.	Price($)
171892	11.0¢

Sellers (Offers)

Price($)	Vol.
11.5¢	70000

Last trade - 16.10pm 26/06/2026 (20 minute delay)

PGO (ASX) Chart

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