TSXV:BER.H - Post by User
Comment by
claritason Aug 01, 2007 8:14pm
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Post# 13188841
RE: Voting
RE: VotingWith management throwing the towel to an ex-tech company, and no counter offers, I think most will accept the offer and try to get cash.
Since cash is limited, many will be left with shares of a company that does not look at all promising and will dump. That is why the share price is where it is. If you can get $2.10 for at least a small portion of your shares, it will reduce the loss.
The new company does not have much to show for it, with a poor record since inception. With the same management, I think it is safe to assume more of the same.
Much better candidates out there with management bent on creating value instead of wasting it.