Post by
Holdernko123 on Mar 22, 2016 2:33pm
Done deal
BNK cannot take any other offer since it has signed and paid deposite.
Comment by
MohanLal on Mar 22, 2016 2:36pm
LOLOL - have you read news release bud ?? Please read it 'Carefully' again. Both parties (Bankers & Geo-Jade) have included $20 MM fee as part of agreement - that is payable by either party in case of any amendments.
Comment by
bullchart on Mar 22, 2016 2:59pm
20 million penalty would be nothing if another offer comes in higher. Lose 8-9 cents a share. 2.30 or higher they are in the money.
Comment by
Mulaman1 on Mar 22, 2016 3:09pm
This post has been removed in accordance with Community Policy
Comment by
Gcreamy on Mar 22, 2016 3:16pm
its 20 mill USD. 26ish mill CAD which is lose of 10ish cents. How would that be handled if there was another offer, say $2.4? Would the company making the new offer have to absorb that 26 mill payment to Geo-Jade as they are buying the whole company?
Comment by
pjecan on Mar 22, 2016 7:19pm
Done Deal. If you have been in any kind of business for long enough you know there is no such thing until the $$'s are in your jeans.