chinese eyeing gold one takeover, page-36

acaca,

maybe it will be a 53c takover bid.
maybe it wont.

the fact they bought a stake at 53c from a top 20 holder does not mean anything in my opinion.

it could be that the chinese approached the board, got rejected, then set about to buy out the lorger holders.

and even if they buy the rest of the company at 75c, they still got 18% at a relative bargain of 53c, a kind of averaging down effect.

but i think ur jumping the gun claiming the GDO story ends at a 53c offer.

they want it, they'll have to offer a premium.
just like 53c was a premium to the top20 holder wen the stock was early/mid 40's.

col... good to see u on this one mate...
lets hope this isnt another umc style T/O...