Big Banc Split Corp T.BNK

Estimate of public float

[coolcoal]

Take every article with a grain of salt but the below article makes a compelling estimate of only 32% of the float is owned by your average joe.  Even if it is closer to 50% there is little chance of the deal not getting the 66% of votes needed IMO.  Given the amount of shares traded the past week, the new hands holding Bnk would likely vote yes.  The only uncertainty is Geo Jade raising funds which IMO will certainly be done.  I bought 42000 shares last week.  Only an impatient greedy trader will not like a 10-20% return over 3 months.  

https://seekingalpha.com/article/3960998-bankers-petroleum-update-position

[casino]

A smart trader would buy shares, vote no and wait for a sweeter offer. A smart trader knows BNK is worth a lot more once oil rebounds. A smart trader never accepts what analyst recommends but does his own DD and makes a decision. A smart trader would see right through David French and BOD that by selling out they have created job protection for themselves. THey could give a rats A$$ for

[Crakerman]

Dude let it be. I bought this for the long term, but im voting Yes because i have other picks where i can put the money to work. Btw, traders buy for quick profits so noone of them would vote no and let their shares ,which they probably bought at 1.80, go to 1.10 or lower. I know you are underwater and thats why you dont mind holding this till you get your money back.. I believe is time to move on

[jutah70]

How many quotes could we pull from past post from some people on this board how the analysts were wrong, offside, late with their ratings changes and estimates.  So many people on here have crapped on the analysts for how 'wrong' they have been.  Now a lot of them are taking recommendations as if they were gospel.  Pathetic. Agree with the points.  And did not like

[dubsbs]

 It was the shareholders that drove bnk down to .62... not Management...shareholders didn't think it was worth its salt anynore ... Now they got a deal for almost 4 times that .....what is wrong with that..... grab it run for the hills and invest in something else.  If tthey thought bnk was worth a lot more it shouldn't have hit .62 happy easter cheers

[casino]

French stated that talks had been going on for well over a year. This stock plunge may have been orchestrated. Mind you BNK has no control over the price of oil but consider that audit mess drove the price down and then within a couple months the low ball offer came in. If you believe that French and BOD actually cared for shareholders they would of waited till the audit mess was settled (which

[balmusette]

It sure looks like MANIPULATION. I will vote no to $2.20.

[b2e2r2n2]

Casino: I think your comments are bang-on and is exactly how I and I am sure many other "longs" feel. Accepting an offer prior to the audit being settled for which most feel a favourable decision will be rendered in favor of BNK does not sit well. I will be voting NO!