GREY:IPRSF - Post by User
Post by
willis888on Nov 29, 2017 11:08pm
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Post# 27060423
Broker thinks no buyout
Broker thinks no buyoutSpeaking with my broker today,he thinks I am offside on my theory a buyout is coming.He says if they were in talks of an imminent takeover they wouldn't extend the maturity date or extend the warrants.He said the key item was the covenants being reworked.He aslo said to pay attention to the fact the warrants were extended.Whatever they are working on,TEC must think there is still money to be made on the warrants.Anyone else on theories of what is going on?At 0.035 and debt load,what is the way out?Rollback shares and then raise money?