RE:Bridgeway is just a Shell - Wjo is Backing Probably best to cut some exposure and lock some gains, indeed...
By all means, the narrative should be that the board have done their homework before making it official and this will materialize without issue.
But since their are lots of questions that remain, it's probably best to reduce your downside risk sacrificing the extra 15ish% on some of your shares.
In any case,you can't be too surprised that Brigeway's shares haven't really gained traction since inception... I don't see how this investment can play too well for them in the future. I mean, unless the Chinese slack off on Canola sanctions, it just seems like they are grossly overpaying for these low producing/return assets.
schocor wrote: Bridgeway appears to be a shall company that somebody is using to take over Input. This is all fine and good if the offer is backed by someone reputable with financing. The Board has done due diligence, so probably the deal is on the up and up. market doesn't quite believe it with his $.20 spread between ask and buyout price of $1.75, but the market is not that smart. Good luck. I will be half out of my position by the end of the day.