I am going to take the punt and hold 60% of my GDO stock. I recently sold some at 51 to support my little other wonder stock "SSN". When the noise dies down or a 2nd offer on the table, I wont be either thinking of selling unless the offer is 75 cents or above. Am I willing to risk a dilution, yeah I suppose I am. Do I think the Chinese will be good for this stock, yeah I think they will run a tight shop and seize those 'lean processes' implemented at Rand, so we can the CoG come down and our sp go north.
In actual fact I'm more worried about general market than GDO, but with the offer on the table it has kept GDO very stable that's for sure.
GLTA
Jonty
GDO Price at posting:
50.0¢ Sentiment: Hold Disclosure: Held