GREY:SXRZF - Post by User
Post by
PUNJABIon Jan 14, 2013 8:03am
519 Views
Post# 20833170
Hell NO
Hell NO ARMZ is pulling a fast one on the other investors of UUU. I cannot believe that the board is recommending just $2.86 deal. Why not multiples of the offered price. All the long term shareholders have paid much higher prices & are under water big time. The board is not looking after the interest of independent shareholders. How can this be a definitive agreement when the approval of other shareholders has not been obtained nor protected.
Independent shareholder should fight this. Get the the politicians also get involved. The Canadian government should veto this deal.
They are stealing the company
Dundee has bought about 15 to 20 million shares of UUU since about Dec 2012. They should be investigated to see who was behind that purchase of shares & if there has been any insider trading. Plus that massive short seller who tried to contain the share price should also be investigated. This massive & exceptionally high volume since December has to be thoroughly investigated.
At $2.86 they are stealing the company.