Post by
merlin991 on Nov 22, 2019 3:43pm
Mr. Market is quiet and some nerves are frayed..
This is a junior even though it should not be. Things have happened. So be it.
The merger attempt failed miserably. The dastardly cheap trick with Vertex shuffle has also failed. Largely thanks to TAD and several others who eventually got the regulators to do something.
So here we sit within days or weeks of a deal. Titan does not have a chance. Any cheap backroom deal now won't work and 50+% shares are nowhere nowhere at all possible. The promises of down under have been called for what they are 'a scam'.
Will we get the best absolute deal that should be possible? it is not likely but a good deal is.
There is real money put there by people who are not stupid. There is a risk but catastrophic? NO.
Anyone who can't take the tension should try to get some peace of mind. Sell or sell some.
There are plenty around who will buy those cheap shares.
Comment by
flashcash on Nov 23, 2019 4:57am
With a transparent process the shareholders can vote for the best deal for them, the court judgement showed that there was a fairness issue and gives weight to our side. GLA May sound judgement rule the day.