Hi Sandma,
A takeover proposal for GBG will at least see it valued more favourably than what the market is willing to.
Look at QAN and MIS as recent examples, one bid failed and the other looks like doing the same, BUT, they now trade at far higher levels than before the bids.
I'd sooner that scenario than the long way around.
It is more a probability than a possibility, that GBG will either announce another merger or aquisition fairly soon, or else, GBG themselves will receive a bid.
A third possibility is that when SDL finally have some reasonable drilling results, GJ and friends will attempt another merger. I doubt it is over and done with for good, regardless of what we think of it.
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Hi Sandma,A takeover proposal for GBG will at least see it...
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