OTCQX:DMMIF - Post by User
Post by
cigarbuttson Apr 22, 2019 4:37pm
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Post# 29656266
GO FOR APPRAISAL RIGHTS
GO FOR APPRAISAL RIGHTSA lot of times the these merger deals have a condition that "no more than" 5% or 10% of the shareholders filewith the B.C. Court or the court of jurisdiction for CORE GOLD for appraisal rights,otherwise the "buyer" has the right, but not the obligation to walk from the deal.
Reason being, time and expenses of actually exercising apparaisal rights defense for the buyer can be prohibitive.
Here, IF CORE I-bankers issue a "fairness opinion" which appears to be based only on the 10 day or 30day VWAP price of Titan, in a controlled maket, where 90%of the float is tightly held, and then they subsequently "push" the stock down to .2 cents or 1.5 cents, and then issue $20M aussie worth of shares, meanwhile, back in Canada your arguing with the courts about the "appraisal rights and the fairness opinion" and the judge in the case sees the stock drop 20% or 50% and the issuance being done, well you might just have a very good case now forthe judge to consider, that the supposed takeover premium by Titan based on the VWAP was a sham. .