Furniture Long term I place 1-1.50. To get to one we just need Vburg up and running
As to the Chinese having control. - I can't see how they would have acquired another 290 million shares in the last 2 weeks to take them to above 50%
Fund managers unlike HC investors aren't there to make a quick buck. It's also not their money so a lot less emotional than we are. I think we are trying to assess dealings amongst majors with a HC frame Of mind.
I think the first purchase was a move to start formal negotiations and for the rand uranium purchase to go ahead. Cant see how 53 is a landmark deal. I get the feeling we will have something a liitle left field.
GDO Price at posting:
43.0¢ Sentiment: Buy Disclosure: Held