And with reference to my last post,NynTfyV, if shareholders bought GSR, an offer of shares plus cash might be attractive to the current owner of that mill.Because, in my jaundiced view, all of these logical and doable actions wont take place with an FMR stranglehold on the present Board. What would be the outcome if a company was formed and made a bid-say-12cps? If the Board rejected the offer,they'd have to come up with a good reason. They'd have to say it was due to GSR being undervalued,in which case, it'd blow their strategy of keeping the s.p low,out of the water.It would also alert the general market as to what was going on, and result,in my opinion,in a significant re-rating of GSR upwards. That in itself would justify the costs of forming the 'takeover' entity,to my way of thinking.
db
GSR Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held