Given a trading halt lasts for 3 days, and that they decided to go into a trading halt on a Friday, this gives management an extra 2 days so 5 days all up to close the deal.
After this trading halt expires on Tuesday, I feel the company will then go into suspension and be be taken off listing off both exchanges.
The offer? who knows, depends on how much the controlling interest (parties) already owns.
Given that the top 20 share holders own almost 72% of the company. they don't have to do much.
GDO Price at posting:
43.0¢ Sentiment: None Disclosure: Not Held
