GDO Buy Out Offer

[MehmoodHaffejee]

What's the general opinion of the GDO Buy Out offer. U get 0.55Aus$ for each GDO share. That is approximately R4.57/share. I thought that this share still has lots of upside.

[Wino]

Does not seem like a good deal for shareholders so, one wonders why the directors are recommending it? Maybe they know something we don't so take your profits (you at least save on the brokerage) and invest in something else.

[Wino]

Does not seem like a good deal for shareholders so, one wonders why the directors are recommending it? Maybe they know something we don't so take your profits (you at least save on the brokerage) and invest in something else.

[Copper]

Im rejecting the offer and retaining my shares.

[NOMAD1]

Im rejecting !

[MehmoodHaffejee]

I'm rejecting the offer too. It's interesting how they have dangled a carrot...accept the offer by 7 Dec 2011 (10:00) and get paid out by Friday.