TSX:MRT.DB.A - Post by User
Comment by
flamingogoldon Feb 22, 2024 11:42am
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Post# 35893392
RE:MRT Has Public Float of 13.5 Million Units
RE:MRT Has Public Float of 13.5 Million UnitsThe question is would Rai Sahi challenge a $6 bid with something higher? Right now, the 2 whales are swallowing up small fry at $5.25-$5.50 until that completely dries up.
Predator2018 wrote: Basically, Armoyan can buyout all the public float with his 10% stake in MRC.
An offer of say $6 implies only $81 Million is needed to acquire the minority public float.