capital reduction and in specie distribution of na, page-3

Being a long term sufferer of GVM, I was hoping that the backdooring of Navigator might be the change of blood that is so desperately needed in the GVM holiday camp.

These guys are absolute legends at selling assets at the bottom of the market . . . . Philipenes Gold ($10m puchase to $2m odd sale in no time) . . . Thistle stock aquired at around $1, soldout at average around $0.30 in a rising gold market only to see Thistle rise to around $0.85 . . . now Navigator

My guess would be that the original Navigator people realise they are lodging with vampires & want out, or else they have something pretty promising that they would prefer not to share totally with the GVM rank & file.
On past performances the most like chance of shareholders getting a return would be to grab the Navigator "freebies" then get out of GVM