RE: When you buyout No kidding...it's not a forgone conclusion though, it can be voted down. Anglo and Gold one were exceedingly greedy, they should have offered shareholders something close to 0.40/share. This would have created a situation where shareholders had to realistically evaluate whether the deal was actually worth it given anglo valued FIU at 0.60/share just a little while ago. Now we have no idea where we are, everyone is arguing and speculating, and the offer has been said to be anywhere between 0.11-0.26. Brutual. On top of that we have 60 days until the share vote and all we know is absolute best case scenario is 0.26 which is still severly undervalued and worst case scenario is 0.11. If we fall somewhere in between, lets say 0.19/share as village believes, then any large shareholder will be unlikely to vote yes. Which begs the question: What is management playing at? Is this all to leverage a higher bid from Anglo and Gold One in the whole 5 days we have?
Christ.