proportional off market takeover offer, page-9

New Op did send out an explanatory statement dated 3 March to shareholders explaining among other things their vision for goldlink.This included some general and vague statements and basically, to quote excerpts, they want a broad range of investments with defined risk profile while preserving the full value of Goldlink's assets and targeting a minimum investment return of 10%pa.Sounds like waffle.Doesn't really give a clear indication of their plans except to get control of the money.
Bell Ixl didn't seem to be much better though-although at one stage they talked of having a share buyback to buy 100% of goldlink shares at 95% nta(about 21.5c per share)
I would prefer this than getting 23c for a third of my holding.
Would like to know why the other major shareholder bought in-Entrust Funds management has 11.71% and a seat on the board. I would like to know their intentions.