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

Sign In

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

or

Please Try Again {{ error }}

Send my password

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

Intchains Group Ltd V.ICG


Primary Symbol: ICG

Intchains Group Ltd is a provider of integrated solutions consisting of computing application specific integrated circuit (ASIC) chip products for blockchain applications and a corporate holder of cryptocurrencies based on Ether (ETH). The Company utilizes a fabless business model and specializes in the front-end and back-end of Integrated circuit (IC) design, the two components of the IC product development chain. The Company’s products include computing ASIC chip products consisting of ASIC chips, computing equipment incorporating ASIC chips, ancillary software and hardware, the products are mainly used in the blockchain industry. The Company had built a technology platform named Xihe. The Company has developed hardware models and several systems under the Xihe Platform, including a factory production test system, an after-sales data system, a computing server system and a batch management system.


NDAQ:ICG - Post by User

Comment by goldhunter11on May 23, 2016 11:19am
218 Views
Post# 24897428

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:OT See everyone here @ $1.00 !

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:OT See everyone here @ $1.00 !rickL,
Your post says: "However I do suspect there are some, even more than originally suspected after reading this board; who would not be happy with any buyout price and would resist a buyout
Read more at https://www.stockhouse.com/companies/bullboard/v.icg/integra-gold-corp#jQfsIlF9Y2Te4oS3.99".

You are right, there will be some hardcore shareholdesr who would object a buyout offer on the question of principle, but most of the shareholders in such 10% group would accept an increase offer if the price is right (it's just the money, at the end of the day, since they would have to balance the dead money and the mounting legal costs if they drag the case out for too long). The court may force a solution, and in many cases the 10% group would be obliged to tender their shares.

In principle, one can hold out forever without tendering, but the acquirer may just leave those (small number) alone. With permission from the court, they may not have to even send them any reports the  company activities.

Just my recollection of some cases that I came across. Do you own DD to be sure.
GH

 
<< Previous
Bullboard Posts
Next >>