Eurocontrol Technics Ord EUCTF

RE:RE:RE:Takeover timing not an issue

[shawshank]

xsnrg wrote: Some excellent pontification.  I suppose that is all we can do at this point.  I do agree that this was not a complicated deal so the timing makes me think something bigger might be in play but I am also not a lawyer so what do I know.

I am really worried a buyout discussion happened and management turned it down without consulting the shareholders.  You never know what is said behind closed doors.

Hopefully next week we will all be laughing and congratulating each other.....we will look back on this slight delay and laugh at how impatient we all were :)

XS-I personally don't think the shareholders/rank and file have been impatient-I think we have been actually accomadating to a process that has been strung out further then originally projected and then when extended we were provided with one of the weakest explanations necessitating an extention to closing on the LOI than one would and did come to expect from Rowlands-along with am ambiguous date to when closing could be expected vs a timeline...without a timeline a breakup fee even nominal in nature has no relevance.

I expect Rowlands will have to and will provide a SICPA update at some time soon as this is total BS the manner in which they have kept shareholders on edge and in the dark and that's coming from a long vs trading bias. SS 

Have a good weekend guys. You to... SS

shawshank wrote:

XS- If such a thing is to occur-which could very well be in the cards in a complete buyout -or possible we could see a large stake in EUO thru a equity placement-there would be without question a trading halt enacted for without question again material of that nature could/would be hard to keep contained without seeing at some unprojected time-a share rise in pricing and volume.

I myself would not tender my shares tho probably would not have much of a choice-in a allout takeover bid for less than .40 per share-minimum.

There is an obvious snaffu...some harangue occuring and since Rowlands brokered and licensing deal with SICPA it would again quite obviously have to do with him being able in satisfying their RandD arm in Isreal which by and part for the most part they are the crown jewel/asset brains and brawn of the company which without no tangible or intangible value IMO
would be attached or as easily assessed.

Once again I will state this was not a complicated deal or arrangement between SICPA and EUO and given what was known publicly its closing should not have been or become an onerous or ponderous affair-so somethingIMO  unannounced is being undertaken.

Rowlands needs to provide an update on the matter regarding SICPA-soon.

SS







 

xsnrg wrote: I normally don't like Friday NR's since you lose all momentum going into the weekend but if we are talking about a buy-out I guess I don't really care if it's friday, saturday or even sunday news!

All I want to read on SEDAR is:

SICPA agrees to acquire 100% of Eurocontrol's shares at a price of ____ (Fill in the blank) pending shareholder approval.

I hope it happens sooner rather than later.