GREY:ARGEF - Post by User
Comment by
Astrosmithon Jun 20, 2019 11:36am
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Post# 29844736
RE:RE:RE:RE:RE:RE:RE:FOR REAL...
RE:RE:RE:RE:RE:RE:RE:FOR REAL... If RGX actually goes bankrupt, their assets would sell to the highest bidder. Most likely for a very low price.
And yes, the acquirers could follow through on the China deal. That is what we don't want. We want a buyot not a liquidation. Common shares will see nothing in a liquidation.
In a liquidation, this tech partnership with china will effectively be a private equity company and the owners at that stage would get very rich, but common shares will be erased.
Either a buyout or simply holding on and coming out of restructuring a viable public company would be our most preferred solutions.