I'm on a yellow card from the mods for potentially having a go at mgt and thus need to be nice from here in.
What i can say is this, - The options holders who bought on market have lost out, which is poor form IMO - Mgt who were given options are able to profit (observation and not having a go) - There is a sea of dilution with 375M shares at 40c - A myriad of "get out of jail" free cards, aka conditions, this deal is not over yet - 55c is a small short term gain and IMO shareholders were far better off without the last two deals. ME was a cash cow and the company was finally gaining traction in SP and interest levels. - 55c was 2c below my guess Mav
GDO Price at posting:
43.0¢ Sentiment: None Disclosure: Not Held