OTCPK:GMNFF - Post by User
Post by
Malpeque2on Dec 21, 2022 12:46pm
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Post# 35184981
Offer of $1.84 CASH is BElow Pro-Cash of $2.26
Offer of $1.84 CASH is BElow Pro-Cash of $2.26US Dollar to Canadian Dollar is 1.36 today so the Shareholder Equity per share with almost No Liabilities is $1.88 x 1.36 is $2.55 Canadian. Cash per share Canadian is $81.7M US x 1.36 $111.1 Can / 49.17M shares or $2.26 per share. So the offer of $1.84 per share from the Insider holding over 50% of the shares for the minority shares is pure GARBAGE and should not be accepted.