Post by
stockuserid on Feb 29, 2016 4:13pm
Deadline Tomorrow - 5 PM Calgary time
Tomorrow 5 PM Calgary time, is the deadline for money to be deposited in the bank/escrow account.
Mar 3 is the closing date for the 25 cents buyout.
That means by Mar 4, SP will be 25 cents minimum. The big questions right now, if how that will affect the share price ??? Will the SP goes higher than 25 cents ???
Comment by
Louis9Suarez on Feb 29, 2016 5:16pm
SP could reach 25 cents in the next couple of days because: A. Brent crude price stabilizes; B. The proposed offer is accepted; or C. The same offer is rejected. Correlation is not causation. I see a lot of transient posters on this Board and understand their reasons to vote for the priopsed deal. IIMO, voting for the deal is same as voting for Donald J Trump.
Comment by
stockuserid on Feb 29, 2016 6:28pm
As per current Mart situation, this is a no brainer to vote for only "YES" !!! Voting a NO means SP will be 5 cents. Do we have any other better options ???