OTCPK:HBAYF - Post by User
Comment by
Bookendson Dec 03, 2019 6:13am
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Post# 30416126
RE:RE:Special Committee does not recommend Catalyst Offer
RE:RE:Special Committee does not recommend Catalyst OfferWell, that's all fine and dandy... But they also have to be realistic and come to the realisation that 10.3$ is not even close to cutting it.
They can either keep playing this hand for a while, irritating the rest of the retail and institutional folks while going nowhere.
Or
Call Catalyst and try to get some progress on mutually agreeable terms.
I know that sometimes playing games is part of the process, but I feel like they've over done it now and clearly it's not working. Time to think of another strategy dear baked Baker.
riverrrow wrote: Of course the Baker group are not interested in selling their shares to Catalyst for $11 if they feel the company is worth much more than that. Once the company is private it can be sold off piecemeal to unlock it's true value to the exclusive benefit of the Baker group. GLTA.