EXPM:HRTFF - Post by User
Comment by
Homestoneon Dec 15, 2021 9:58am
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Post# 34232375
RE:Appian 's Bid Still Throws Us Common Shareholders
RE:Appian 's Bid Still Throws Us Common ShareholdersI see that as well.All shares will be deemed canceled with no consideration and ANR will be the sole shareholder.This all works in Appian's favour but does not help shareholders one iota.Having said that this is Appians attempt to be the new stalking horse bidder and other offers may come come that are better.Remains to be seen if others will put in a better offer once the sisp is started.Harte Gold at this time still has an obligation to fight for the rights of common shareholders but they are fighting with one hand tied behind their back and not a lot of say in the matter.It's up to the courts to decide.All in all the situation does not look good for shareholders.