But I'll add another thing to think about, not so much an option as a reason.
I got into CGG because I wanted a junior miner with lots of upside potential. I was hoping to see the share price multiply by a factor of 2 or 3 (at least) within the next few years. Now I am being offered shares in a mid-ranking established miner. So my reasons for getting in are no longer valid. I have to consider whether or not the new company fits my investment strategy for that part of my shareholdings.
I'm coming to the conclusion that it does not and that I'd rather take the cash and look for another junior with lots of potential.
that doesn't mean that EQN wouldn't be suitable for Steve666, only he can figure that out.
No criticism of EQN is intended here, it might well be a very-well run company and a sound investment. But it's not what I'm looking for.
CGG Price at posting:
50.0¢ Sentiment: Sell Disclosure: Held
