RE:RE:RE:RE:So we've been ripped off...CommonCentsforDollars wrote: Yesterday the shares closed at 66 cents,.. the HIGHEST this has Closed in the last 3 Months is 77 Cents and that was back in the beginning of April. Up 28% and folks are complaining this is not fair?
What is driving both SP's right now, the value of all operations meshed together. Tweed now will have 3 Castles if tsx approves,.. if not quite franklly she could go right back to 66 cents. I would be thanking God for his blessings today, but my opinion may be biased.
Last 3 months of BED activity
[url=https://www.stockwatch.com/Quote/Detail.aspx?action=go&snapshot=SX&symbol=BED®ion=C][/url]
So you're happy with 26%
You do know that in 12 months BED would have been at 80-90c by itself with the upcoming profit.
So, is it fair?
Have you ever seen a buyout like this that only incorporates what's currently on the table, and not future growth?
I have not
At the same time, BED's SP should be at what TWD offered them for it - BED investors do not care how big TWD can get because they believed in BED.
What the management is saying is they did not believe in themselves enough to profit this year and will take a lower buyout to protect themselves, not their shareholders.
Was the CEO update about profitability this year real or not?