"Shareholders deserve to know what is going on …. They deserve clarification … But Rod, and Hans, are silent. How disappointing"
More like, 'how re-assuring'. 123, when legal proceedings of this nature are initiated, it's in everyones best interest (including GGG shareholders) that our directors stay quiet and have it out infront of the judge. All will be revealed in due course.
I would love to know as much as you do, but I am not concerned one bit that Westrip is writing-off their GGG shares. Why am I not concerned? BECAUSE AN ASSET IS WORTH WHATEVER SOMEONE IS WILLING TO PAY FOR IT. Don't let the Greedy blokes from Westrip fool you. As we speak, that happens to be 60c in the dollar. There are countless cases where political stance has not got in the way of solid value appreciation, and I have raised Summit Resource (ASX: SMM) as an example in the past. There are many others. This will be a walk in the park for GGG.
GGG Price at posting:
60.0¢ Sentiment: Buy Disclosure: Held
