mick90, I doubt you'll be getting a better offer, once they get to a 90% mandatory takeover most likely they will be required to pay some sort of 3-6 month market average price to holdouts. They won't be required to pay what people want to sell it and won't have to buy at market value... otherwise everyone in the market would put their shares to $50 a share and retire. I'm sure the average price of the stock market over the last 6 months is somewhere around 1.5 cents. Hold outs will be lucky to get 2.0 cents now. Do I agree that it is worth more? Of course. Do I agree we got royally screwed? Yup. But at least I have stock in a company that will grow as the Ghana asset produces more gold as opposed to a mandatory cash takeover that would have guaranteed me a net cash loss.
p.s. These are only my opinions and speculations.
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