Post by
JUJU1985 on May 06, 2021 10:08am
SP floor
We're at November price levels. I don't see it dropping below this much more. Good time to buy.
Comment by
gary7789 on May 06, 2021 10:52am
maybe they just want to take it private again & be done with this public reporting irritant. In that case, the lower the price, the better.
Comment by
JUJU1985 on May 06, 2021 11:11am
Lol perfect. Historically when a company delists and goes private, they pay out premium on current stock price. I'm good with that.
Comment by
RTO on May 06, 2021 11:18am
Actually they have to form a special committee of independent directors and get a couple of external valuations. Then the vote is put to disinterested shareholders and they must obtain 66 2/3% of that vote in order for the price to be acctepted. Anson alone could be the majority of that vote and they will want top dollar valuation!
Comment by
gary7789 on May 06, 2021 11:28am
we shall see. They succeeded pushing everyone out of Acasta (yes Acasta was a disaster with ridiculous overpayments to buy Stellwagen and Apollo so Acasta management needed to go). The point is that I don't think they would have a problem waiting out Anson or any of us or anyone else if they have decided that the public company route is a thorn in their side. I hope you are right.
Comment by
gary7789 on May 06, 2021 4:06pm
perfect. Get in there and buy buy buy then