Looking at the chart for GLI - there is no way that I'd buy into them! Why the heck would I want all those GLI shares in return for IDG shares?
The whole scenario has a certain smell to it - like a back room deal...!
Now if there were to be another interested party to start a bidding war for IDG, then that MAY be a bit more interesting... But I can't quite see that happening somehow.
And what is going to happen to all the uranium deposits owned by IDG (ex-WMT)? Is that the agenda? I thought Goldlink were purely interested in gold holdings?
Nope - this whole thing sounds VERY dodgy to me.....
Just my 0.02 worth. Oops - that's the GLI share price ;)
Add to My Watchlist
What is My Watchlist?