Does this offer tell you that Gold One is long term hold? Or does this offer tell you this is a risk free exit? Hold or Take the offer? I dont know...
I have a feeling that the BidCo Consortium won't reach the 60% shareholding target on their first offer of $0.55. Read the bidder's statement when you receive it. Or you could sell however much you need to recover your initial capital outlay, and let the rest ride on as a 'free bet'. Disclaimer: I am not a personal financial adviser, make your own decisions based on your financial situation, needs, risk profile or other pertinent factors. Full Disclosure: Current GDO shareholder.
