OTCPK:HBAYF - Post by User
Comment by
seatleslimon Jun 16, 2019 8:08am
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Post# 29829958
RE:RE:$10.50 valuation by some flake at TD? Agreed no big deal
RE:RE:$10.50 valuation by some flake at TD? Agreed no big deal"The Special Committee will oversee the preparation of a formal valuation by an additional independent valuator regarding the proposed privatization transaction."
The independent evaluator can't ignore the company's own appraisal, even if its lower than it was. Now they can say an unsrupulous majority will prevent minority shareholders from realizing value, but there not going to come back with an assessment that 9.45 is full and fair value for the assets.