GREY:MDCGF - Post by User
Comment by
beenthereon Jul 12, 2013 9:59am
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Post# 21603963
RE:RE:RE:Buying shares now
RE:RE:RE:Buying shares nowRicky, I am far from an "expert"
But yes this has happened to me a number of times.
Yes, you will get the $1.16
And you will have no say in the matter.
You can always wait and see about another offer.
Considering the number of shares you hold I would wait and see.
You know your going to get at least $1.16
Most people will not wait.
They will not want their money tied up until Sept and get nothing for it.
They will cash out and invest in something else
I had one company (I cannot even remember their name)
They were in potash when that sector was really hot.
I was not happy and wouldn't tender my shares.
It came to the point that those holding out had to pursue legal action.
So we walked away.
It would be nice to see a competing bid.
$1.16 is way too low
BUT ......
I did say $1.00 in my prediction