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MYG - Mutiny Gold
- Thread starter yogi-in-oz
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- mutiny gold myg
pixel
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Thanks PB;
in the meantime, MYG has called a trading halt, today extended to suspension, pending a potential "corporate combination". As DRM issued a similarly worded request for a Halt, it is probably fair to anticipate some kind of a merger. "Watch this space."
PS: Since Ausdrill has taken the lead on the board, I've again built up a good-sized position. Glad I did
in the meantime, MYG has called a trading halt, today extended to suspension, pending a potential "corporate combination". As DRM issued a similarly worded request for a Halt, it is probably fair to anticipate some kind of a merger. "Watch this space."
PS: Since Ausdrill has taken the lead on the board, I've again built up a good-sized position. Glad I did
pixel
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It seems the Market is less than impressed by the merger/ take-over deal. Both have been savagely punished.
But if one wanted to get into DRM, 9.5 MYG for one DRM means, buying MYG would be the better deal.
At 4c, 9.5 MYG cost 38c whereas DRM is currently trading at 42c.
But if one wanted to get into DRM, 9.5 MYG for one DRM means, buying MYG would be the better deal.
At 4c, 9.5 MYG cost 38c whereas DRM is currently trading at 42c.
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On February 16th, 2015, Mutiny Gold Limited (MYG) was removed from the ASX's official list following compulsory acquisition of the Company's securities by Doray Minerals Limited (DRM) under its takeover offer announced October 28th, 2014.
