Unlikely IMO to get a better price as Director have sold out in this one (pre-acceptance so no-one likely to jump in if that is the case, also EQN increasing their holdings daily), ship is leaving and only hope is a quick rise in EQN's share price before selling out. If you plan to stay then the daily ups and down will not matter as the conversion to EQN has been agreed.
Look at today's pre-open, you would have thought the ASX would not look kindly at the ridiculous trading on the table.
CGG Price at posting:
47.0¢ Sentiment: Sell Disclosure: Held