TSX:RCG.PR.B - Post by User
Post by
RetailRubeon Mar 18, 2021 9:32pm
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Post# 32835347
Smoke but no Fire?
Smoke but no Fire?I just had my Shaw taken over by Rogers at a 69% premium to undisturbed market. If you want a family who has a strangle-hold on the company to say yes to your offer, you have to PAY UP. It takes more than an extra 25%.
I don't think anyone will take this offer from Canaccord seriously until $3.00 per share is hinted at.
Last time I posted on GMP, I got jumped by someone I assume works for a public relations firm. The timing of his post was interesting ... a day before of the GMP company issued a press release. He hasn't posted about RCG since. His interest in GMP/RCG was fleeting.
You will know when negotiations are heating up when the trolls show up again on this sleepy board. My guess is there will be another shoe to drop, because nobody spends $1 million for the lawyers and investment bankers to launch a hostile takeover offer unless they are serious.