Post by
standfir on Sep 15, 2019 10:00pm
Fairness Opinion #2 - mystery .. ?
1) In Titan's minds (it should never actually come to that), would PI Financial be involved again in giving an opinion on Titan? Would PI dirty their reputation even further, after their ridiculously poorly-done contingency-fee opinion last time? Surely PI has knocked itself down severely with its previous, unprofessional contingency-opinion, lambasted by the judge. Would PI compound the damage to themselves, if they're involved in that way?
2) How could any court allow such a Titan bid to proceed in a Fairness Hearing? Everything bad about the previous bid, would just be worse, with no cash component. Which parties - in Titan - and any in Core?? - could even dream it could succeed, and what would be their ugly plan?
If parts of the Core Gold board - and management - have been constructing this Titan move, helping it along - that, to many, may likely seem treasonous enough, against the company's interests, and intensely aggressive against shareholders. Private deals? If they went further and supported such a Titan bid, if it appeared, that would be the limit.