Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Iron Brdg Res Inc. OEXFF

Energy Oil & Gas E&P
"Iron Bridge Resources Inc is a Canada-based company. It is a crude oil and natural gas exploration, development and production company. Its project consists of Elmworth. The company receives maximum revenue from the sale of petroleum and natural gas."


OTCPK:OEXFF - Post by User

Iron Brdg Res Inc. > So now what?
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(9)
•••
Comment by black4444on Sep 11, 2018 3:19pm
143 Views
Post# 28599545

RE:RE:RE:RE:So now what?

RE:RE:RE:RE:So now what?I suppose I should add there is the possibility of a "bumpitrage "situation emerging whereby somebody acquires a greater than 10% holding in hopes of forcing a higher offer from Velvet. 

The 10%+ blocks Velvet from using the compulsory acquisition provisions and would leave Velvet with a large minority and presumeably sophisticated Iron Bridge shareholder and all of the potential problems for Velvet that entails.

An increase in the offer price of a couple extra pennies is the usual way to resolve this.
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities