ADF Group Inc T.DRX

Question

[ykzsh8]

If the share price goes to 2$, can the owners offer 4$ per share and approve their own offer since they have most of the voting rights and then take the company private? If they're buddies with someone at the AMF, can they just be a little corrupt and approve the offer? Might be a dumb question

[pepinlebref]

Le nombre de rponses t'indiquera la valeur de ta question.

[BearBullBrian]

There are rules concerning the rights of minority shareholders, but I don't know enough to say if they would be applicable in your hypothetical. BBB

[Hich1205]

rule AMF 61-101

[Concerned1Bear]

Anyone know, what kind of responses we can get from investors relations or if we can set phone calls up with them. Does anyone have some questions?... mine would be: Did management know about the delayed order prior to selling their shares? Did ADF get a upfront deposit or payment for 300 truck loads ready to be shipped? If so how much$ Who is the customer getting the 300 truck loads

[naissance17]

if privatisation, who will benefit of the 300 load ?

[CarlM20]

Voila !  I suspect the stock went down first because of the family shares deal , say minus 5$. And then we have that 300 Truck load push back thing while two big battery plants are on hold in my province ( hold....   need to be rescued sort of , they say Strategy or technology reviewed...  Bla, bla.) . When that info surfaced in the earnings communiqu another minus 5$.