Post by
Gazoo2021 on Sep 09, 2021 6:47am
Malaco Take over at most 57 Days away
It's now apparent that Malaco Mining a privately held firm owned by our new Director Dato is the new major shareholder with 55 million shares.
What has occured;
Robert Baldock our former CEO that tanked the company has retired.
Graham our Chairman and part of the Balddock grouping has lost the past voting control of the 56 million Goldmet shares, that have been mostly recently purchased by Malaco.
Since Baldock retired we have an interim CFO.
Dato, has a proven track record of making excellent deals and being an astute business person.
How the real world operates when a strategic business person with funds takes actions.
Fitrst; take control of a fraction of the shares and take over control of the Board.
Second;take a low share valuation company with a great outlook private.
Third: take the company private with a below book offer and at the low end of the fair valuation.
Fourth; unlock the potential of the company, increase profits and list new firm raking in a fortune.
We will see a offer to take the company private for a fraction of the value, in around $.30.
Hang on it's on going to get real interesting very shortly.
Comment by
romara on Sep 09, 2021 8:57am
How about a 10% premium on the last 30 days trading average price ..... that's what usually happens ........ Richard
Comment by
romara on Sep 09, 2021 4:15pm
I read that too...., this morning..... a very interesting call.... sure would disrupt world trade.... and gold, ... we haven't any idea how high it would go .... Richard