GREY:AVNDF - Post by User
Comment by
jacek99on Dec 20, 2012 3:01pm
306 Views
Post# 20757201
RE: Voting NO is the way to go.............
RE: Voting NO is the way to go............. See, I would not mind the dividend cut if the company uses money left over to grow, which will give me capital appreciation. They do say they want a lower payout ratio, which makes me think they will be re-investing money in the company.
The Elbow River is a shame, as it feels like they sold it off cheap.
Does anybody believe that management will release an explanation behind this deal and why they are supporting it?
Does anybody know what the consequence is of not voting ‘YES’ for this merger in terms of penalties beyond the 2.5% mentioned? Will we get slammed since we are bringing $80 million to the deal?
Jacek99