GREY:OLEPF - Post by User
Post by
IloveNDMon Jun 03, 2013 11:47am
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Post# 21475759
lets think about this
lets think about this - On May 24, 2013 Teranga provided Oromin with an offer to purchase all of the outstanding Oromin shares for the same consideration as under the proposed Offer, subject to conditions similar to those described herein, as well as confirmatory due diligence. Oromin declined to grant Teranga due diligence access on terms acceptable to Teranga or to engage with Teranga in respect of such offer, which expired on May 31, 2013.
Assuming this is true, wasn't OLE obligated to tell its shareholders of this offer? Chet, if you mess this offer up the line to sue your a $$ will reach Senegal and back. Take the deal and just count what you made off the backs of us shareholders.