OTCPK:HBAYF - Post by User
Post by
88guy88on Jun 11, 2019 12:05am
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Post# 29814108
Baker and the boys know
Baker and the boys knowthat the $9.45 is just the initial stink bid even though in the news release they say that $9.45 is a "fair and full bid"
they know that the special committee will come back with a higher price and it was even reported on BNN that most have a price between $20 to $25 but we all know they will not pay full value price because they want a risk consideration....thats why alot feel that $18 is a reasonable price
its likely that they will come back with a $12 bid which is the 52 week high and try to move the deal forward....
just for information purposes John Zechner on June 28 2018 said the company real estate was worth $30 plus dollars......interesting