Big Banc Split Corp T.BNK

Never blow your own horn

[himmler]

I see that many here claim that they will vote yes or no on the $2.20 offer.That is the democratic right,however I sure hate to burst everyones bubble,but I will...Here it is..WE ARE RETAIL INVESTORS..and as such our pathetic joke of share quantity only matters in your own mind.In other words we are nothing.
Now you can all delude yourselves into thinking otherwise but by doing so fully show that you have little or no experience in these matters.Personally through the years I have had the experience (bad mostly) of a buy-out happen at least a dozen times and as such can verify the facts..
and they are as I said..retail means nothing.There are always too many unseen strings being pulled in the background...to make a deal..or break it.
The only way this deal falls through based on a vote is if the institutional investors veto the deal..and although it does happen,more often than not..the deal goes through if management recommends it.
Having said that ,remember I didnt say anything about an additional bid,counter-offer or otherwise, or the deal falls through based on unforseen events etc,that is all nonsense speculation.
If you think its a good deal,one should put ones money where ones mouth is...re-mortgage your house and buy BNK shares now...$2.20 is still a long way off.

[braincloud]

I agree to a point. Look at Canadian Oilsands. It was an opportunistic bid as a result of what? Weak oil. That's the way it is when you invest in resource companies! Feast or famine. This too is an opportunistic bid. No doubt! Look at Starwood, one bid came along then shortly after the first along came a second. It's different in resource stocks. They are all valued based on prevailing

[gaandu123]

Please dont advice people on remortgaging their house, they might just do it...

[f_the_bankers]

and it may or may not pay off wildly for them. such is life in the stock market.