Post by
Lap1955 on Feb 23, 2023 7:17am
Is it a super deal
A year ago, the s/p was as high as 1.20. Now they tried to convince us that it is a fantastic offer. .44 cents.
Comment by
MrDales62 on Feb 23, 2023 9:07am
Wow, shareholders got the short end here. GLTA
Comment by
Taran83 on Feb 23, 2023 9:22am
Well in the end the "shareholders" decide. And there is not a few parties, which hold a large share of the company and that you could "buy" to accept the offer. For me it is still an open quesion if management's performance was bad enough last year to convince the majority of the shareholder to accept the offer. It almost appears as if they tried though...
Comment by
riverrrow on Feb 23, 2023 9:48am
Another predatory buyout. Unfortunately these usually do go through. At least I'll have the pleasure of voting no before giving up my shares. GLTA.
Comment by
riverrrow on Feb 23, 2023 10:31am
The problem with buyouts that involve share exchanges is that the share price of the purchasing company quite often drops so in effect SGI shareholders will likely get less than the purported 44 cents equivalent.
Comment by
riverrrow on Feb 23, 2023 10:34am
Do SGI shareholders really want to own shares in a company that trades on Australia stock exchange?
Comment by
GoldFisher22 on Feb 23, 2023 12:16pm
As well, unfortunately, CLYMF does not appear to trade much on the OTC. It would be great if Catalyst would trade with using SGI's Canadian listing, but maybe that would be too much to hope for. gltah