GREY:VITFF - Post by User
Comment by
Greatdaysaheadon May 17, 2021 7:37am
199 Views
Post# 33212666
RE:RE:RE:Victoria Gold Adopts Shareholder Rights Plan
RE:RE:RE:Victoria Gold Adopts Shareholder Rights Plan A real issue if you do not have the cash as you will be diluted. I guess one option is to sell 50% of your position to buy twice the number of shares sold. You will end up with 150% your itinial position versus 200% if you have the cash.
But such poison pills are usually in place to "prevent" an hostile takevoer, to discourage... More than to fight it after the bidder reaches the 20% limit.
And the message is clear for everyone now : 2021 is going to be a busy year !