Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Arcan Resources Ltd ARNBF

Energy Oil & Gas E&P


OTCPK:ARNBF - Post by User

Arcan Resources Ltd > Fire the lot
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(0)
•••
Comment by jd43xlon Jul 22, 2014 7:51am
245 Views
Post# 22768525

RE:RE:RE:RE:RE:RE:Fire the lot

RE:RE:RE:RE:RE:RE:Fire the lot
BWJohn wrote: They (Arcan executives) have managed to snatch defeat out of the jaws of victory - demostrated again  by bringing forth a prosposal from Aspenleaf that was almost 20% below the current share price - what's that but inept management!


The thing is, the common shares are probably worth less than what Aspenleaf offered. Legally, the debt has to be paid off before the common shareholders get anything, unless everyone agrees to this proposal where money gets taken from the debenture holders and given to the common shareholders. That is the issue.
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities