Post by
rocknroller on May 13, 2010 5:01pm
amalgamation in HRG
Under Canadian law, the majority of minority can FORCE a buyout to occur.
Troika, or Severstal Resource lead banker owns 40% of minorirty shares. Tink about this before you invest.
They can squeeze you out at any price.
Comment by
kolzee on May 13, 2010 5:09pm
40% of minority shares is not a "majority of minority"
----------Original Message Posted 5/13/2010 5:02:26 PM----------
Under Canadian law, the majority of minority can FORCE a buyout to occur.Troika, or Severstal Resource lead banker owns 40% of minorirty shares. Tink about this before you invest.They can squeeze you out at any price.