GTG 0.00% 3.9¢ genetic technologies limited

Hi Sirgwm,I get the excitement of GT and Brevagen but not your...

  1. 354 Posts.
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    Hi Sirgwm,
    I get the excitement of GT and Brevagen but not your comment about greenmail.

    Wikipedia:
    Greenmail or greenmailing is the practice of purchasing enough shares in a firm to threaten a takeover, thereby forcing the target firm to buy those shares back at a premium in order to suspend the takeover.

    Are you saying that players are taking equity stakes in GT expecting a takeover to be announced? Well yep that sounds reasonable.

 
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