TSXV:EVE.H - Post by User
Post by
Goldy63on Dec 22, 2019 10:29am
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Post# 30481265
Poison Pill Strategy
Poison Pill Strategy Melinda is not going to give away or have her Gem taken away after all the hoops and red tape have cleared in regards to the expansion . With strong insider ownership the poison pill strategy can also be employed if some shark were to come along and try a grab . Here is the definition of said stratagy. A poison pill is a form of defense tactic utilized by a target company to prevent or discourage attempts of a hostile takeover by an acquirer. Such plans allow existing shareholders the right to purchase additional shares at a discount, effectively diluting the ownership interest of any new, hostile party. (Quote) . Down the road this company will be worth 5 to 10 times current MC then IMO Melinda will consider at a hefty premium to sell and we all will benifit . JMO. Off to Church . Cheers .