Buy circa $1.12, and if OIO approval goes ahead, Bounty buy back @ $1.23. (therefore 9-10ish % return).
If OIO approval is declined share price will 'plummet'.
Buy circa $1.12, and if OIO approval goes ahead, Bounty buy back @ $1.23. (therefore 9-10ish % return).
If OIO approval is declined share price will 'plummet'.
Yep....I'm with you.
Other risk is if the deal is cancelled because of the failure to get approval for the new facility in Dargaville.
Haven't read the documentation carefully enough to see if that might be a factor.
Also holding and not accepting. Granted it has been a rough ride so far and I'm well under water at the current price but I believe the company has a future and there are profits to be made
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