TSX:MR.DB.B - Post by User
Post by
Northforce13on Mar 13, 2024 6:29pm
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Post# 35931545
Firm Capital. A more accurate name would be "Farce" Capital
Firm Capital. A more accurate name would be "Farce" Capital"A take-out price at 95% of IFRS NAV is $7.69 per Trust Unit, or approximately $100 million for minority holders. This would be a successful outcome for both the Melcor Parent and long-suffering minority unitholders. Anything less than this would be an oppressive action to minority unitholders."
Anyone with a functioning brain cell and a bit of awareness would agree that these guys are ridiculously unrealistic.
Melcor should write them back, offer to sell at 7.69 and that "This would be a successful outcome for both the Melcor Parent and long-suffering minority unitholders."
Boy how ridiculous. I can understand why they aren't getting responses from Melcor.