RE:RE:What if the deal gets voted down.Luckyeleven wrote: Zero chance the deal doesn't go through so just a waste of time talking about it. The deal goes through and you have a slow recovery of the new BTE share price. You have been around long enough to know that this deal is done. All the banks and analysts consensus were on the positive side so who is left to vote against the merger especially when you only need 50% of the vote. New company will have less hedges and when current hedges start rolling off and the price of oil holds this has nowhere to go but up. Nobody likes this kind of dilution including me but still lots of potential for a multibagger here going forward.
You only need 50% from the BTE side not the RRX side which needs 67%.