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Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Post by dreamer05on Mar 03, 2012 3:28pm
392 Views
Post# 19622596

Salida have something in mind

Salida have something in mind

I agree with previous posters. Salida may want to accumulate more than 25 % of outstanding share to have control of LFD in decision making, or change the course previously planed by LFD. To liquidate completely

is one of the best options. Or to force LFD to have another higher bid from other companys. The later

might be a bit difficult. Since the yes vote is based on giving the deal to go ahead. That is, Genel have the

prioity to get the 40%. Unless other company can show a much bigger offer and this company is at least

powerful as Genel, such as Sinopec from China, Exon from the states or Bp from Britain. You never know.

We still have 2 months before May. As other poster mentioned before, we did not know there was an extension in the question when we voted. Only yes or no you shareholders accept the deal or not. And now

there is an extention. What kind of misleading was that?  They are just full of tricks to fool erverybody.

 

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