It seems that many people are predicting or resigning themselves to the fact that VAU will soon be the victim of a low-price takeover bid, a price far from its intrinsic value, and which could possibly come from Asia... Who says takeover bid says expertise and no expert worthy of the name can undervalue a company like VAU and it would be surprising if the majority shareholders like Regal, Van Eck or UBS agreed to sell their shares at a low price ! Unfortunately, we have already seen it..., in this world of sharks, anything is possible ! We just have to remember the DCN-GMD scam, as we must also remember that it is possible to say NO and not sell our shares, while waiting for a compulsory offer. Those who were smart enough to wait for the compulsory offer with DCN received four (!) times more for their shares a few months later after a takeover bid dishonestly described as fair and reasonable by the DCN board, led by D. Richard who, as luck would have it..., was hired on the board of GMD...
VAU Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held
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