GDO 0.00% 30.0¢ gold one international limited

I agree with Bigbillbrown..You made some good points now lets...

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  1. rmv
    1,532 Posts.
    I agree with Bigbillbrown..

    You made some good points now lets play them at there own game they told us if gold fell below 1200 that the deal was off.But there is not talk of a great offer if Gold goes higher.If you read how they have done there Valuations at the time of the offer it was on there current gold price.
    They have stated the will just dilute the company though to give them control which we have no control over.
    But saying that is might be tighter held because some will take the 55 so there should be less shareholders but more shares held by larger groups.Which in turn means less chance of them selling down.So the SP should head higher after its all over.
    I still like the idea of this downside protection i think sep/ October will be a blood bath in world markets .
 
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