GREY:ALXDF - Post by User
Comment by
Malpeque2on Jul 20, 2019 12:34pm
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Post# 29942909
RE:Absolute NO Vote
RE:Absolute NO VoteParanoia runs deep. I am not a stockholder of either O3, Agnico, AZX. My only dog in this fight is I own some Eastmain and wanted to see what AZX is holding for cards, IF I might buy some and try and play an ARB opportunity, hoping for a higher bid, and possibly add to my Eastmain shares figuring what a buyer might be willing to pay based on the eventual price for AZX.
My old stockhouse name is CIGARBUTTS, but for some reason I am unable to access my account thru that name to post. So I recently created a new one. Have been around in Candyland now for a while. It's time to take away a bit of the candy from some of these people from time to time and redistribute it back to the owners, the shareholders.
Obviously a higher CASH bid from Agnico would be preferrable here. Obviously a higher value for the shares of O3 closer to the deemed value of the deal, prior to 03 trading, of $3.88 would be better. As far as I know the Subscription offering for O3 was closed at the $3.88 valuation, so at least your valued the same as the other recent placees. And they paid CASH!!
Obviously Agnico kowns the rocks here too. IF it was such a steal and a great corporate opportunity don't you think they would raise the bid at the 11th hour a penny or two and take the cake? It's not a lot of money for them and they can just put the reserves on ice till they need to feed them someday to a mill in the Hood.
Obviously not all of you are going to get all your money back, and are probably bitter about the whole thing, but a bird in the hand is worth two in the bush.