One would guess t/o is a real potential, though just rumours in the market.
Just join the dots, think about location of project, funding and board composition. My hope is not so soon, as it cuts short the growth potential. Also hope management would be willing to go into bat for holders and not be push overs.
I would rather hear, "directors dismiss an offer as completely inadequate" rather than "directors recommend the offer". Lots of variables in corporate world and hopefully management hands are not tied.
Wish we will all be right in this sector, and that Buffet has played into the sector for good reason.
GXY Price at posting:
28.8¢ Sentiment: Hold Disclosure: Held