Post by
tsxguy on May 02, 2016 9:38am
In Favour
400k shares VOTED IN FAVOUR OF DEAL AS PROPOSED GLTA
Comment by
ChupacabraBueno on May 02, 2016 10:28am
421k more shares VOTED IN FAVOUR OF DEAL AS PROPOSED GLTA. A bird in the hand is worth tow in the bush. If the market thought BNK was worth more than the deal price of $2.20 it would not be trading near a 15% discount now. Take your money and run - to another similar opportunity if you can find it. -GTLA
Comment by
1condor on May 02, 2016 6:31pm
Chupa..a favourable vote is all but guaranteed and BNK will go for 2.20 this summer. Still a decent arbitrage play even at 1.92.
Comment by
casino on May 02, 2016 8:12pm
guaranteed???? You're kidding right?
Comment by
werdnapk on May 02, 2016 10:08pm
Yes, guaranteed. Who's kidding? You're kidding yourself if you don't think this is guaranteed.
Comment by
braincloud on May 03, 2016 9:50am
I wouldn't quite say guaranteed, but pretty close IMO. The evidence just supports a successful bid. Insider purchases, firm oil price, strong historical collaboration all strong evidence that the deal goes through.
Comment by
braincloud on May 03, 2016 10:45am
Right on! Plus you throw in the nebulous gyrations in oil price and frankly I'd just as soon tender. There's plenty of other mid cap names to put your money on if one remains bullish on oil. Most PM's are very practical, they don't have a love affair with any stock, so they will tender for sure because they don't have a firm grip on oil either.
Comment by
oilboy604 on May 03, 2016 12:46pm
How/Where do I vote? I am a shareholder of BNK.
Comment by
braincloud on May 03, 2016 1:56pm
If Walmart didn't work out for you then the next best place to look is on the company web site. Top of the screen. You'll need the CONTROL number from the package you received in the mail. You will have the option of giving your proxy to either French or Urch and you can vote in favour or against the circular.
Comment by
antiguru on May 03, 2016 4:17pm
What a condescending jackass. Something never change.
Comment by
ChupacabraBueno on May 04, 2016 11:32am
They will (more likely already have) mail you detailed instructions with a "CONTROL NO" that identifies you. You can go to www.proxyvote.com & enter your control number & the submit button, then click FOR & the submit button, and you're done. Or you can vote by telephone, by mail, as detailed in the letter.
Comment by
werdnapk on May 04, 2016 11:49am
If you plan on voting yes, you can just do nothing. You only need to worry about how to vote if you want to vote against the takeover.
Comment by
goldminertoo on May 04, 2016 1:07pm
Telephone takes about 30 seconds to complete...