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Alio Gold Inc. T.ALO

"Alio Gold Inc is a gold mining company. It is engaged in exploration, development and production in Mexico. Its projects include San Francisco mine in Sonora, Mexico and the development stage Ana Paula project in Guerrero, Mexico."


TSX:ALO - Post by User

Post by ydakhelon Mar 20, 2018 9:59am
215 Views
Post# 27745614

Will this deal go through?

Will this deal go through?The deal for RPM shareholders is to get 0.48 of ALO shares for each share of RPM. This was a 35% premium to the average share price before the deal. Today, the price of ALO is about 2.50, compared to 3.27 which is the share price the deal was based on. If ALO share price stays this low or drops even further, why would RPM shareholders vote in favor of this deal? 
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