RE:GVC & TVA.B MINORITY SHAREHOLDERS ARE DOOMED TO AN UGLY ENDModulex
Thank you for your input on both companies. I did not buy any TVA.B shares. I looked at the circular dated April 3 20/20 sedar . RIGHTS IN THE EVENTOF A TAKE-OVER BID. The way I read the article is that there were different rules for the A and B stock in the event of a takeover. My hard earned $ are not going here. Just did not like the attitude for the B stock holder.
As for GVC It will be about another four more years of holding on. Rule of thumb is max 5 years. Unless there is some major events happening either positive or negative will I sell. My target is $1.00. but would settle for .85 by year end.
Both of these companies have alot of value. It is just a question of do these companies want to dole out some cash to the shareholder. They are worth mega millions.My guess is that the wheelbarrow is not filled high enough yet after all these years.
In the meantime I sit and wait.