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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > why would people buy at 25 cents?
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Post by Zhantao on Mar 23, 2016 9:38am

why would people buy at 25 cents?

when the deal is closing at 25 cents per share?
Comment by QUANTUMJUMP on Mar 23, 2016 9:44am
I can only guess it is a tax thing  - as per other plays LRE has 7 cents available on their buyout offer of .52  the purchaser Sino Energy has put $20 million in escrow for break up fee  approval  by shareholders has been given  Canadian regulatory approval is pending 
Comment by snootchybootchy on Mar 23, 2016 2:36pm
Canexus is also currently trading at a 12% discount to its merger price with Superior Plus.
Comment by ellorno on Mar 23, 2016 11:29am
I don't know why I bought it at any of the prices with Mart. But I'm out! Won't to see this biatch again. Sold all this morning and Bought LIX @$1.00
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