Well it kinda makes sense to be honest and could be a real possibility in the near future perhaps.
As it stands, GLO's casino's are bringing in A$200k profit per MONTH before expenses but let's just say they end up making $1mil profit per year after expenses then it still makes GLO VERY cheap IMHO compared to it's current market cap.
Yes, perhaps BCL will look at GLO as a takeover target sometime in the near future seeing as though GLO is kicking goals now and expanding VERY fast.
Anyhow, look out for the announcement this arvo according to the chairman and check out the latest financials - they should raise a few eyebrows I reckon.
