GREY:SCPZF - Post by User
Comment by
mo1975on Jan 12, 2017 9:22am
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Post# 25698436
RE:RE:for or against
RE:RE:for or againstI have received the circular regarding the deal.... complicated because it involves more than just the two entities.... with the sprott limited partnership...etc.... they use nav rather than share price to calculate the premium offered to sprott..... anway 3 shares at 19cent that equals 57 cents if the stock does not fall right after the deal....adi are also getting warrants so they have an incentive there... i looked at the board of directors of adi and of the nine only 3 had common shares the rest only have options... so take out the ceo and your left with two directors that invested in their company.... not many... so i am on the fence do not know if i should go yes or no