Why the talk of GDN selling its holding in WCU now?
The WCU share value is GDN's meal ticket.
Either GDN's Paradox assets are given no value or its WCU and option shareholdings are given no value in GDN's current share price.
GDN is way under valued on the ASX and its options which have 12 months to run are a steal.
Don't let either get away from your notice. With Paradox 3# due for approval anytime GDN and GDNOA could improve very quickly.
If you think WCU is ready to take off then GDN is on a similar launching pad.
WCU option holders who don't want to pay up 25 cents to exercise WCUO's should be looking for a strategic sell of WCUO's and a rollover into GDNOA. Its a licence to print money - so get set early.
I currently hold both GDNOA and WCUO. The WCUO's will be sold in the near future and I will again top up on GDNOA's for a stiring 6 - 12 month ride.
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