takeover, page-2

Hi Lindaslad,

All depends on the offer and the terms.

Usually a takeover offer has to reach 90% before they can "force" minority holders to sell.

Interesting chart below:



Gold in Euro is the highest it's ever been.

In addition, Charlie Atiken has been commenting lately on his thoughts that the USD carry trade will soon turn into the USD "repatriation trade" at the expense of commodity currencies such as the AUD. In addition the Euro will further weaken toward what John Maudlin is predicting to be parity to the USD at some point "soon".

This all bodes well for DRA in both terms of its profitability in EUR and, then if the AUD falls against the USD, ultimately in AUD.

A takeover offer is a distinct possibility.

I believe it will not occur, however, until after CHN has paid DRA out and until after Weld has been spun off.

Cheers
John