ODN odin energy limited

All this talk of voting NO to the takeover is bloody ludicrous....

  1. 2,874 Posts.
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    All this talk of voting NO to the takeover is bloody ludicrous.
    I understand that people are pissed off with management and are shitty that the consolidation ratio is so high, but you still get to own a company with potential to earn tens of millions of dollars a year.

    The alternative is that you all think you're so smart and want to stick it up the directors, vote it down and Gridcomm says * you, goes elsewhere, Odin winds up and you're left with $0.

    Consol of 35:1, whatever cash figure that leaves you with, is better than $0.

    This is a spec investment. This is the risk with specs. Vote Yes, take your shares in Gridcomm and watch it multi-bag. You'll still make a bucket load of money, your bucket will just be level instead of overfilled.
 
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