GOR and DGO management would be underwhelmed with the amount of takers on the offer? Friday's notice indicated that they were up to 19.85% but management represented 15.76% of that ......not surprising from my pov .....I thought it was a very underwhelming offer from the start, and barely represented NTA value......having said that no-one else has come out of the woodwork and offered any more.......with extension till 9 June I think most punters are still waiting to see if anything better eventuates. I do find the lack of interest in a strategic stake in DEG for nil premium surprising ....I would have thought if say NCM bought it, EVN and NST would be disappointed, and visa-versa in any combination!.....maybe DEG Devt is a little too far off into the future for a market that seems to be fixated on production next quarter and year? GLTA
DGO Price at posting:
$2.95 Sentiment: Buy Disclosure: Held
