RE:Takeover not Based on Asset Values.CanadianBuck wrote:
It would make sense if this takeover was based on respective Net Asset Values, right?? Well it wasn't, and it has NOTHING to do with estimated Net Asset Values. Well, how did they decide what the share exchange should be? Nothing scientific, not asset values, not common sense, they simply said lets merge you get half the new company and we get half the new company. And OH we will give all the Fission staff and management big fat retention bonuses. Shareholders of FCU are getting screwed!! Unbelievable!! I have been investing for many years and have NEVER seen such a fleecing of shareholders. Vote NO.
Yes its almost unbelievable. This story shoud hit the 5th estate.