OTCPK:HBAYF - Post by User
Comment by
Bookendson Dec 24, 2019 12:50am
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Post# 30486577
RE:RE:Patience for me on this play
RE:RE:Patience for me on this playI also agree with your assesment...
But 2 question remain now...
1- Are both parties able to come to a mutually agreeable terms for a plan of arrangement... Are they able to set their egos aside and discuss value in professional terms and mutually agree on a price??
2- Since they haven't announced anything yet, is it safe to assume that any progress would be made in the new year? I doubt that they would bother to sit down and negociate now on the 24th and think it's likely gonna be a process that restarts in early January.
YJ2019 wrote: Agree that an improved offer is being negociated and coming.
If Baker&Friends wanted to pull the bid, they would have announced it already, just like Jim Pattison did for Canfor. The defeat on the vote is really expected by everyone, certainly known to Baker. Baker&Friends would have made the decision way back (even before the vote) if they wanted to drop the bid. More likely, there is a negociation going on behind scene between them and Catalyst, hence the total silence from all parties the last whole week.