Post by
nozzpack on Dec 03, 2023 7:10am
At $2090 POG Shareholders are being Disinherited of $Billion
Vote against this reduculous cheap price that is now a virtual steal of billions in future revenues.
The choice is in our hands..
The transaction will be subject to the approval of at least 66-2/3rds per cent of the votes cast by Marathon shareholders at a special meeting of Marathon shareholders and a simple majority of disinterested shareholders (if required under applicable laws).
The issuance of common shares by Calibre as the consideration in connection with the transaction is subject to the approval of a majority of the votes cast by the shareholders of Calibre at a special meeting of Calibre shareholders.
Comment by
tootall123 on Dec 03, 2023 7:49am
If you are not happy with this deal please sell your shares and move on and stop acting like a Juvenile(nozzpack), or welcome aboard and you will all be rewarded Big Time..... GOLD IS KING......
Comment by
BGraham2 on Dec 03, 2023 10:56am
Disinherited ? Don't you mean swindled? BG
Comment by
nozzpack on Dec 03, 2023 6:20pm
Yes Swindled .... What do management get paid for the buyout ?
Comment by
AlwaysLong683 on Dec 04, 2023 12:16am
I don't think even Matt Manson is foolish enough to green light a takeout without knowing beforehand that he has more than enough shareholder votes to approve the deal. Don't forget, it's 66.67% or higher of votes cast, not total shares / votes outstanding. Most retail shareholders don't vote, so much like a Canadian election, if you don't vote, you don't count.