I'm sure the potential is amazing, but more recent holders of DGO might want absolute reward upfront for their crown jewel asset, and fair enough too.
I mean, we are talking merging a 250 million MC company (DGO) into a 1.25 billion MC company (GOR)
So really you are ending up being a GOR holder and will sink or swim with that, irrespective of the 'dash' of DGO flavouring added.
And if you were passionate about being a GOR holder at market rates, then you would sell DGO on market today, and buy GOR on market today. Why wait for the proposal which is offering not much different price-wise?
I can certainly see their point if recent DGO holders weren't interested in this proposal.
DGO Price at posting:
$2.98 Sentiment: Hold Disclosure: Held
