Tonkin said - 'This company should resolve the take over speculation so they can move forward'
I am pretty sure this would be exactly what there doing. Let's give the board some time and let this potential takeover transaction run its natural course. I don't see a need to rush for impatient shareholders. Also who knows what the conditions the potential takeover party are placing in this transaction. They might have a big fat carrot for GDO shareholders and a timeframe of their own that they are working too. It's a two sided deal.
I have no problems with the boards actions so far. They have been very transparent and have acted in the proper manner imo. Any artificially elevated share price on speculation of a takeover can be used by disgruntled share holders to exit at a premium.
Respects to all and good luck to holders.
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