OTCPK:ICPVF - Post by User
Comment by
HeavyMetalFactson Mar 04, 2021 10:11pm
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Post# 32725070
RE:Take no action...!!!!!!!!!!!!!!!!
RE:Take no action...!!!!!!!!!!!!!!!!I received a big document from Brookfield today. They say 16.50 is an outstanding offer and make a lot of comparisons to a low stock price that only lasted a couple of quarters. If you think Brookfield is in a better position to deliver Heartland than IPL is, then you have to sell now. It is pretty obvious that no one is going to accept a 16.50 offer when the share price is 18. Some speculation that the whole takeover is just a way for Brookfield to unload their shares is just as implausible. I dont see why you would need a valuation report preview to make a decision. The report will value the company north of $30 so that the board doesnt look dumb for not talking to Ki Sheng last year.