Post by
ScotiaOne on Jun 18, 2019 3:55pm
66% Premium my A$$
Just 1 year ago today the stock was trading at $9.62 so this doesn't look like a "premium" to me! You can't whitewash this deal... pure predatory activity to short change common investors and make the big cats fatter. Plain and Simple. Like I said... Doggy Doo.
Comment by
lumpy13 on Jun 18, 2019 5:53pm
Yeah, they scheduled this deal at a weak point in the general market to offer a bogus premium and when they could steal the Voisey stream and physical cobalt at a significant discount. Those institutional investors that subscribed to new shares to provide the cash to acquire Voisey can't be happy with being ripped off.
Comment by
DonDeanoMarco on Jun 18, 2019 5:57pm
I agree, this should be challenged immediately. These are very shady practices. Leaving their investors to scramble.
Comment by
Redbaron2211 on Jun 18, 2019 6:09pm
If these are shady practices why would you want to be stuck in this dog????? The mistake was investing here in the first place. Take what you can and run.. $5.75 is a hell of allot better then $3.50.
Comment by
ScotiaOne on Jun 19, 2019 11:18am
A. Didn't think it was a dog when first invested. B. Was quite content to hold as it should come back as electrics move mainstream. C. $5.75 is losing money which is fine when I get to make the call but when forced to lose money by questionable management decisions... well that doesn't sit right.