Originally Posted by
neopole
a co-ordinated take over bid.
how it could work......
buy and sell shares on the open market to keep the sp below the strike price of $1.50 right up until exercise date of the option.
from 2 weeks out start buying all the worthless options as no one will excercise them.
to do this takes deep pockets, but NZO is worth way more than $1.50 in 2 years time, so losing a bit now to gain control would be a coup indeed.
GPG is still sitting on a huge war chest, and the directors have clashed before.
if anyone was going to do a take over, and not send the sp though the roof, this would seem to be the only way.
and the sp does seem to be played with.........
any thoughts?