GREY:ALARF - Post by User
Comment by
TickerTwiton Mar 05, 2020 1:59pm
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Post# 30771509
RE:Sandbox
RE:SandboxI imagine, as a minority (and preferred) shareholder, AD has little say about the sale if a majority voted in favour of it... unless the royalty agreement has a specific defence built in against undervalued buyouts. Should be an interesting call tomorrow.
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maypeters wrote: Still no color from management as to why they were forced to accept this low offer. Getting 30 cents on the dollar looks like desperation to get rid of the asset more than anything else.
Sandbox did not seem to have a lot of issues.
Not good.