Originally Posted by
LoungeLizzard
Not a holder, but if I had stock bought at $3 I would have sold straightaway @ 3.60 odd, when the takeover news broke. Even now at $3.45 I can't understand the logic in not taking profits and removing the risk of the deal collapsing and the SP retreating to $3 again. The notion that some would be ok with that outcome because of ZEL's high dividends seems illogical. It would take over two years to recoup the lost 45c and that's not even factoring in on using that money to buy other high yield stocks. And you'd be stuck in a sunset industry.