RE:RE:RE:RE:RE:RE:RE:Insidersbluemoons20 wrote: Very interesting. Is there some interest in this possibility now??
I seem to recall suggesting this a few months ago and received no response of any kind to the suggestion.
Yes , a real possibility and rather than get the $5 someone suggested recently , Existing shareholders may get 5 cents per share on a good day.
GLTA
bluemoons20
There are a couple of scenarios at play. Firstly with the 10+ insiders controlling the company if they choose to take it private the share buyout price will not be $.05. I suspect if it happened now it would be in the range of $.25 or above. I am not sure on what Canadian securities rules apply when companies are taken from publicly traded to private.
Secondly the other scenario is Shiseido sees the hand writing on the all and either agrees to a deal to remain partnered with Replicel with some monetary compensation or either buys Replicel out.
If it is compensation I can't imagine it would be more than $5,000,000. If it is a buyout I am guessing it would an offer of on the low side at $1.00 per share or on the high side possibly $3.00 per share.
I haven't a clue how these 10+ insiders would react to either of these two scenarios.