I averaged down at 23.5c, with my average price now at 27c.
I am fully loaded now, and will just wait from here on in, for the takeover announcement (whenever it comes), though I do hope it is a cash one instead of a cash + scrip, or all scrip in a foreign listed company.
Now it's just the big waiting game, which could go on for a year, or even two, it's anyone's guess.
I don't expect to make a lot of money here now, maybe 60% in the end, but hey, there's not much I can about that except hope for a maximum cash offer from a big profitable cash-rich gold miner.
Gw
Ann: Share Purchase Plan Offer Document, page-105
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