re: Ann: Shareholders Overwhelmingly Approve ...
For me, this is as safe as having cash in the bank.
I don't know if we'll get a lot of price appreciation now that the Chinese have control. Certainly, no-one else is going to try & take over the company. But there are still a few instos on board & this gives me some confidence that outside demand is there for GDO shares.
Having said that, if GDO can deliver increasing profits & divis in the future, then the share price would have to follow. Patience is required though.
GDO Price at posting:
54.0¢ Sentiment: Hold Disclosure: Held