Well see what the next change in holdings statement says and how they acquired them I guess.
Be either acceptance of offer or on market purchase.
On market purchase has a smell of desperation about it and GMD would be better off waiting for their current offer to expire and looking at a new offer that's sweeter than this one and not burn cash on hand. That said, it depends on IMO what GMD's holding is when the offer closes.
I still think there's a bigger fish just toying with these little fish waiting for the perfect time to strike.
Either way, settle in sports fans ... this going to get very interesting
DCN Price at posting:
13.5¢ Sentiment: None Disclosure: Held
