GREY:MGMCF - Post by User
Comment by
turkeyboy4on Mar 12, 2014 6:52pm
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Post# 22316311
RE:RE:RE:RE:RE:What is book value -??
RE:RE:RE:RE:RE:What is book value -??Smallbet you're right...media would be the best outlet to begin to draw attention to "perceived impropriety" (POU/MGM did this with a big press piece yesterday...), nominate a law firm to act on behalf of minority shareholders coupled with reporting concerns to IIROC, and provincial securities regulators, Ontario, Alberta and BC would likely be best... It would be to our benefit if some of our southern friend's (I remember some heavy US buying in the late fall/new year) got the SEC involved.... My fundamental concern is simply the huge lack of disclosure, which is unacceptable. Secondly, nobody in this world seeks to acquire something, at their expense, if they don't perceive value in excess of their expenditure (call me jaded but Adam Smith said it best with the primary motivation being self interest...). Sorry Shambano, the POU put option never sat well with me, not that I don't believe the Riddell's aren't concerned about my well being but you can't sell something only the seller has seen... The huge lack of disclosure together with the willingness to readily buyback the company at a significant discount indicates impropriety...or more aptly where I come from, if it looks like kaka, and smells like kaka, odds are its kaka...