GREY:GDPEF - Post by User
Comment by
LeftBookon Feb 26, 2019 10:19am
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RE:RE:MAE VS. RCG
RE:RE:MAE VS. RCG
MAE has the ore and ANX has the mill is a good summary of the rationale as I understood it.
I was struck by the offer which was so many shares for so many shares. That part made sense.
But it was explained as a 20dma or something like that of the stock price - as though that was meaningful. The market could have been biased to optimism or pessimism or worse. I thought they should have made a case based on the underlying value of the two businesses.
Maybe I am wrong. I didn't follow it super closely.