Post by
hedger28 on Oct 29, 2023 5:02pm
DG….Astounding Takeover….
This is probably evidence just how undervalued many exploration plays are currently priced in today's depressed market. Still stunned by this deal.........management deserves all the credit for building this portfolio....seems likely to go a lot higher in the coming week...
Comment by
trumpmaster on Oct 30, 2023 9:23am
Yes it does look that way. If I understand it correctly if you are a seller today, your giving up 11 cents in cash pay out? is that correct?? :)
Comment by
hedger28 on Oct 30, 2023 11:01am
Sell now, give up the cash payout and the way it looks probably half the real value under the terms of the offer when completed. Still looks like a bargain at today's level, would expect to see 0.50 soon?
Comment by
trumpmaster on Oct 30, 2023 7:27pm
great Thanks, that is what I thought, didnt think it would drop today, though.. will have to follow the Omnia shares in AUS.. still might be a buy here at .20 since we got 11 cents coming in cash.. Press it!!