RE:NOTE TO SHAREHOLDERSThe minority shareholders would have to vote in favour of a takeover form Madison as they are the majority owner. Security laws are in place to protect the minority shareholders in situations exactly like this.
How does GVC treat shareholders??? Look at the GCT and GCT.C shares conversion that were wrapped into GVC earlier 2021 at 0.8 GVC shares per unit. That was wayyyy fair to the GCT shareholders as their shares were worth 300% more once converting to GVC shares. There was nothing off side and no bullying.
Look at the CFO (Orest S) who bought shares last week. He is also the Investor Relations rep for GVC. Speak with him and you will be impressed. You will also see that he isn't the type of guy that would be buying without underlying value.
Madison is primarily a real estate holdco and capital investors, -they do not want to own and manage digital assets which the GVC team has built for decades. The share price has been whacked as a "print business" which is actually not a print business at all. What we have today is a holdco asset $2 worth per share and trading at 20% of fair value. The value investor buys today instead of being paranoid expecting negative events to transpire.
Believe it or not, the minority shareholders, specifically retail have quite a bit of power.
If anything, we are at a point where the business has pivtoed to a digital story and this is the start of an amazing multi-year run for shareholders.
Patient investors get rewarded here.....I'm one of them.