re: Ann: Shareholders Overwhelmingly Approve ... Just trying to bring some discussion back it has been a bit quieter here. I am new to the GDO thread , has most here already sold out?
I am mainly interested if some of the holders here think the stock can trade higher after the transaction? Obviously most here think management has not served them well, but then again there was not a lot of votes against today.
The dillution from the transaction and potential reduced liquidity of shares that are not sold into the takeover, are negatives I suppose to how they may trade.
Yet clearly the gold price has performed extremely well since this transaction was brought to the market so from that perspective can the shares trade higher?
Opinions?
GDO Price at posting:
53.5¢ Sentiment: None Disclosure: Not Held