Sherritt International Corp T.S

i regretful think this is just hocus-pocus

[rkhosla]

I would love to be wrong. I think they just want to control your votes without actually buying your shares. That's what it looks like. timing of May 10 is super suspicious. One thing that speaks against my supposition is that they are affiliated with a major supplier of sherritt. And I'm sure the company wants to maintain good relations. That's the only thing that adds some legitimacy to this being a bona fide a real offer.  Let's see - but i am skeptical they will close on the 21.6 mil shares if tendered.

[Contrarian333]

The annual meeting is May 9th.  You can tender your shares to this offer on May 10th up until 5pm.  Therefore it seems to me that you can vote your shares prior to committing to the tender offer if you are inclined to do so.

[rkhosla]

Your read of this contrarian is that it is a bona fide offer? That it is legit? The fellow they are nominating to the board seems solid. I'm not really sure what his history was with Ambatovy. They seem to have a significant European commodities traitor partnered in. So there are some positives.  I'm a natural skeptic. Especially with share it.  

[Sanguinity]

..."a significant European commodities traitor partnered in" How well said.  The whole thing feels like a huge "gotcha".

[CommonCents123]

Ambatovy was a complete disaster!  Sherritt almost went under because of it.  Really odd this company wants a piece given all of the uphill struggles facing sherritt at the moment.  Wondering if they want the play to $0.60 then dump?