GDO 0.00% 30.0¢ gold one international limited

I've changes my mid and will exist - I will wait for the 55c or...

  1. 1,990 Posts.
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    I've changes my mid and will exist - I will wait for the 55c or when I see something better I will pull the plug.

    There is no point holding.

    When GDO is in the hands of the CHinese, the CHinese will care less about GDO accountability. THeir focus will be how to make deals that benefit themselves at the expense of GDO who would still ave 40% foreign investments.

    You own company A outright
    Company A owns 60% of company B
    Therefore you control company B.

    Management will wait until the weakest moment possible and then with 5% discount write up a contract to sell GOLD to COmpany A.

    GDO profits will never be maximised, they will be drained.
 
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Currently unlisted public company.

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