Gear Energy Ltd T.GXE

Buyout talk is nonsense

[lashing]

Anyone that is reading "buyout" between the lines of that weak update is delusional. Not even a hint of it.

I've seen tons of these small companies go private and here is how it happens. No one is going to buy this out on the open market and pay ANY premium. They dont have do. They can privately buy the shares of all the insiders, have a magority, and then vote to go private for NO PREMIUM whatsoever. Its happened many times before and it will happen again. Also, insiders will be happy to cancel the dividend so the remaining shares cant be taken dirt cheap. Look up Art In Motion income fund for a perfect example of this. No one was charged, no one went to jail, shareholder got hosed completely by insiders and a single large buyer who then just took the real estate and sold remaining production to China.

[Quintessential1]

Was that your largest holding?  Is that why you're whining so much?  Your misery craves company? Sorry to disappoint. P.S. use spellcheck GLTA

[lashing]

gaga googoo ... thats all you ever post

[Quintessential1]

Maybe, but I don't accuse people of posting information that they never did and then go hide like a little girl when I am proven wrong. Need a reminder? (72) ••• Comment by lashingon Mar 12, 2024 4:08pm RE:Another Conspiracy Theory Bites The Dust. Exactly what you said right before the last cut - your timing has been AWFUL as has been your