there is no second bid for gdo, page-4

Thoughts; i don't see it going back down (though ofcorse it could happen) at the moment the take-over is keeping it at the current 49.5-51.5 range, and considering the current market sentiment and all stocks dropping, this hasn't been a bad thing.

Though once the deal is complete i believe it should (over time) increase substantially. Big Chinese companies don't buy a company for 55c without expecting it to be a hell of a lot more in the future, and with the backing of 70%+ substantial holder there should be alot of room to move and make this a top gold company with uranium assets.

Also consider, currently in production, huge resource (that isn't unlike that of Lihir gold before NCM ate it up for a couple billion).

I have contemplated selling and putting my money elsewhere but when considering this company with the ones i am going to buy, the assets, and potential future growth always seem better in this company.