GREY:HRIVF - Post by User
Comment by
tryteon Nov 02, 2012 9:14am
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Post# 20553950
RE: The End Game
RE: The End Game I'm sorry, but i disagree. What you are suggesting is that one large (likely institutional) shareholder that has already decided to commit to our cause and turn down the offer, would instead possibly take an illegal deal?
Do you know of ONE shareholder that has roughly 45M shares that would give Nord the majority of minority shares? That is what Nord will require to make this happen in the subsequent amalgation attempt. Nord would likely have to make a deal with multiple shareholders to get that many shares.
On top of all this, why would they have not already done this? They have already completed lock up deals with all the shareholders that have ties to Mordy. The rest of shareholders (retail and institutional) have already shown their cards by not committing to a lock up agreement.