GREY:NMKEF - Post by User
Comment by
mick1888on Sep 12, 2020 5:49pm
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Post# 31548926
RE:Bidder B - Not enough time???
RE:Bidder B - Not enough time???So wrong Tfunds.....they extend the process for their friends IQ (fitz) / Orion / PL, that in fact rob the shareholders. But then when another (who incidently include existing shareholders and have bid the highest value) needs additional time, they close the door.... ;-[
No doubt when the 'dirty washing is aired' we will find out how much IQ's 300m influenced the process. They made this available to a single player who's only remit was to aquire as cheaply as possible, but could not make these funds available to alternative bids that would keep common shareholders on board. What kind of Governments and politicians do you have that would act in such a 'tin pot state' manner?
TFSAfunds wrote: They had more time than anyone else based on correspondence in August. Did the bidding process not officially end July 10th. Bidder B DID NOT submit a valid bid, but were still given consideration. Bidder B backs out, then wants back in, then ignores the requirements again! Do you think this was actually a serious bid? If you're selling a house, do you accept an offer from someone with no money, no mortgage approval and can't even write a deposit cheque to go along with the offer??? That's what Bidder B was! And they pulled at your heartstrings by saying shareholders are included! It was a bid thrown in hoping there were no other "serious" contenders, that way they could explore pricing and funding if they were the "only man standing". Folks... IT'S OVER!!!