GREY:TBTEF - Post by User
Post by
BobTheKnob2on Jul 21, 2016 11:12am
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Post# 25072222
Gotta wonder
Gotta wonderI see that Bankers Petroleum (T.BNK) issued a press release that the takeover that was voted on and approved (in late April?) to a Chinese company, which was scheduled to close at some point between late June, early July will be deferred yet again. This time it will be deferred to some unknown point potentially as late as the end of September. Of course the share price dropped some more today.
https://www.prnewswire.com/news-releases/bankers-petroleum-provides-corporate-transaction-update-587778911.html
Will we see the same type of situation of unfold for T.TBE as well?