RE:How do shareholders get their FAIR valuation ??? Freedom...
Everyone thinks:
1. it should be worth $3+ (self included)
2. Cash in hand will be considered
3. Current USD exchange rate will be applied.......
While as investors we think it is best for us we do not know the specifics of this offer and clearly none of the above have been clearly spelt out IMO. Post the offer there has been a decline in the share price and nothing of value has come from the management, may be I should've sold out immediately after NR at $1.8(?)
It would be very exciting should there be an offer from another entity on an all inclusive cash per share basis, then I see the share price reflecting to its strength. What if in a few months time CA$ becomes stronger, are we to apply this conversion (x $0.95 or $1)? Ian's team have always left investors to scratch their heads....hopefully this time there will be a meaningful end to this nonsense!
BTW..I am going to need $3.3/sh to break even!!!
GLA
Oz