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2.56% 7.6¢ genetic technologies limited

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

  1. hcmalco
    351 Posts.
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    31/05/12
    15:04
    Post #: 10248799
    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.

    GTG Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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