TSXV:RHT.H - Post by User
Comment by
eljoroon Jan 24, 2018 3:10pm
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Post# 27426147
RE:RE:RE:follower shareholders, united against takeover,
RE:RE:RE:follower shareholders, united against takeover,Hi ming:
Personally I don't believe there is an offer in the works, and I even if there is something going on it's hard to get too worked up about what I don't know. I'm not sure Lisa could say much other than to shoot down completely if there is no offer being discussed. If there is she could say nothing other than that management is always looking to maximize value for shareholders, or something typical like that.
But if there WAS something happening it would be mostly at the board level that a decision would be made. I don't think Lisa has enough personal shares (she owns a lot of options but I don't think she has nearly as many shares as you and might not even have as many as I do) to hold much sway if the BOD decided to recommend to shareholders to accept any offer.
I also am pretty sure that, while you personally hold a large number of shares for a retail shareholder, the total # of shares held by regular posters here would be less than 5% of the float, and I'm probably being optimistic. We don't hold much sway one way or the other, IMO.
Regardless, I'm not ging to worry too much about an offer that currenly doesn't exist. I would like to see the share price react to news better than it did the 6,000 patient release. Perhaps the next milestone release (which I believe is coming soon) will d the trick.
Best,
El Joro