GREY:STPJF - Post by User
Comment by
oilcansamon May 08, 2014 8:40am
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Post# 22537538
RE:In the event of a sale
RE:In the event of a sale
if the buy out is from a public company then i was offered a share exchange for the "purchase price"
this offering was only in place after a vote of course. The last take over i opted to sell my shares at a I few pennies under the purchase price as chinese were involved and these deals are not always gov approved.
Another instance is a take over from a privvate co. such as the Koreans purchase of Harvest.
I am still sore after that one. In this case, they just basically bought all of the shares for $10 and I was issued a payout.
I would bet large right now that a deal is close. I am hoping an outright buyout. To bad it wasnt a light play as a company was just gobbled up in sask for 114k/boe. I hope STP infrastructure is in the play as the flowing barrel sucks.