Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

GMP Capital Inc. Cumulative Floating Rate Preferre T.GMP.PR.C



TSX:GMP.PR.C - Post by User

Comment by astuteinon Oct 15, 2020 11:50pm
89 Views
Post# 31726498

RE:RE:RE:RE:RE:RE:SIB

RE:RE:RE:RE:RE:RE:SIB

Sam  Based upon my facts most but not all of minority shares will be taken at $ 2.42

Based upon todays market cap 144834 divided by 1.92 there are 75.434 share outstanding.

Company states that minority shareholders comprise 25.58% .   That means 19,235,000 are availabletfor tender.

The company will take 16528000. That means on 2.707million on full tender will be pro rated.

I am tendering my shares as well as buying some more at 1.90. I do not believe they will get offers for 19235 and i will get  85% paid..

Sam tender your shares and take 2.42 and if you can buy back  latter if you still like stock..

 

<< Previous
Bullboard Posts
Next >>
USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse