GDO 0.00% 30.0¢ gold one international limited

i dont think there will be another T/O offer, as this is barely...

  1. 3,312 Posts.
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    i dont think there will be another T/O offer, as this is barely a T/O... At the end of the day, the chinese will have an avg buy of about 48cps (approx, havent added it up exactly). That is 50% more than my buy in.

    They arent FORCING anyone to sell shares.

    I do agree that NF has won the most out of this inorganic growth because he can now be payed a higher salary as the company is bigger.

    But, at the end of the day they are offering to buy me out at a premium of 60% to my initial entry for 6 months worth of investing... If I disagree with their business strategy, I'm not hung out to dry (but probably treated a bit harsher than I should be!)

    Savvy investing by the chinese.

    Im still undecided what I'll do with this btw. Tempted to free carry a smaller, the decision of holding or selling on a 60% profit is better than holding or selling on a 60% loss.
 
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