Post by
3yearpotstocks on Nov 15, 2017 8:50am
38% lockup
Golden Opportunities Fund was the only shareholder with >10% (18.57%) ownership listed in the prospectus. The fact that they had 38% of the existing shareholders agree to a lockup brings them a lot closer to the threshold (66.67%) they need to takeover.
Comment by
Skater on Nov 15, 2017 10:36am
How do we know Golden Opps is locked up? If they are, ACB still has a long way to go to get to 67%. If they aren't, then they are the gorilla in this deal...
Comment by
thorgb1 on Nov 15, 2017 10:49am
It is illogical to think it is anyone else.