Post by
nozzpack on Apr 12, 2021 3:56pm
Price is Knee capped
That means to me that GVC is going private before the monetary gains that will flow from Bill C10 become reality.
If my posit is correct, that means that the going private offer will have to be approved by the majority of the minority.
I cannot imagine an offer less than book value ( $1.35 per share ) but certainly can imagine fair value estimates above that level.
Remember, going private requires independent fair value estimates which must be approved by the majority of the minority whose shares amount to 25 m by my estimation .
So load up at these restrained prices.