GREY:VMSTF - Post by User
Comment by
EStreeton Mar 09, 2016 4:35pm
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Post# 24640735
RE:Qustion
RE:Qustionsawtooth1 wrote: How does Glen justify selling at these prices when his average buy has to be around the mid .20's. Somthing stinks in the state of Denmark. JMO GLTA & vote NO
Very strange all right,,, So if Hud Bay owns 7% is Glens share 30%,,. Maybe there's some sense in this somewhere but I sure cant see it,,. Could never see why that guy was single handedly supporting the price in the low twenties un less he knew something so why agree to .35 cents on the dollar?
The members of the board of directors and senior management of VMS, and certain large shareholders, including HudBay Minerals Inc., (HBM) HBM, +7.05% have entered into support agreements with Royal Nickel pursuant to which each has agreed to vote in favour of the transaction, which together represent approximately 38% of the shares outstanding.