I sold out at 51-52c 6mths ago. Think this deal stinks as GDO directors totally in bed with Chinese and sold the shareholders up the river for their own benefit. In saying that the Chinese will not want to sit at 82-85% - they;ll look to mop up the rest within 12-18mths. If they see low 40's I'll buy some and hold until a buyout offer comes along. They may well pay 60-65c to get the last 10% as owning it outright will be of significant benefit to them now they're so close.
GDO Price at posting:
48.0¢ Sentiment: None Disclosure: Not Held