OTCPK:EMMBF - Post by User
Comment by
ExPlutoon Jan 29, 2019 8:11am
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Post# 29291320
RE:Merger
RE:MergerBecause there is no guarantee that the EMC/ALEF deal will go through. The 1 to 0.8377 ratio only comes into play if the deal passes. In order for the deal to pass, 2/3 of the shares need a "yes" vote. Many EMC shareholers, myself included, believe that the 1.00 to 0.8377 ratio is a poor valuation, and will likely vote "no". Therefore, the shareprice is trading well below 1 to 0.8377 due to uncertainty.