Cash is king and GLI having such a strong cash position in this volatile market. What really erks me about the current management is they have done nothing for a very long time and now threaten to shut things down due to their own inactivity. It appears their mind set is " if we can't have it, then Emerald can't have it either / that kinda thinking reaks of incompetencey & sour grapes.
You kinda figure now or in the near future is the time in the market to cheery pick the fire sale of good businesses effected by the credit crunch.
Ask yourselves this question : If GLI do not get taken over by Emerald, do you really think they will go ahead with the full return of all money / I for one am very sceptical of this.
Lets hope we get the best result for current GLI share holders.
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