Post by
BigFishy on Oct 03, 2016 1:14pm
All Proposals have been submitted
all proposals were due this past Friday, now on to evaluating. Expect anything to be announced by mid month.
Comment by
RTPisinyoface on Oct 04, 2016 7:43pm
You know this for a fact? or just judging by the drop?
Comment by
Abstocker on Oct 04, 2016 8:19pm
I am wondering the same thing..... a drop like that seems a bit sudden and am wondering if the bigger drop was due to stop/loss orders or if in fact it is no prospects for a deal. Holding for now.
Comment by
Jonesing on Oct 04, 2016 8:28pm
percent wise most oil stocks had a down day.
Comment by
BigFishy on Oct 04, 2016 10:02pm
Lie. Deal will be announced bet on it.
Comment by
SigmaKappa on Oct 04, 2016 10:12pm
Best case is something similar to a few small companies ive seen in past. A corp acq where they take about 80% of asset for say 1.4 or 1.6. And then remaining asset is spun out into a newco and investors get shares in capitalized newco
Comment by
Equalizer on Oct 05, 2016 11:19am
It was just a thought, turns out i was wrong looking to jump in