Comment by
redcoats on Aug 24, 2020 4:06pm
That I'm sure is the companies position, but my shares are mine. So if someone comes along and offers me $2.25, I'll sell them or not, as I choose, and that applies to every share available, I believe. I think it's called a hostile bid, isn't it?
Comment by
TeamEddie on Aug 24, 2020 5:55pm
read the details of the deal
Comment by
redcoats on Aug 24, 2020 4:07pm
That I'm sure is the companies position, but my shares are mine. So if someone comes along and offers me $2.25, I'll sell them or not, as I choose, and that applies to every share available, I believe. I think it's called a hostile bid, isn't it?
Comment by
schocor on Aug 24, 2020 4:29pm
I don't believe the board is able to entertain competing bids at this time - and I believe the board has locked up their shares with the Sandong. Meaning the majority of shares outstanding are not able to consider your hypothetical $2.25 offer until the Shandong offer expires.
Comment by
TeamEddie on Aug 24, 2020 5:58pm
Yes and the deal will not expire until Feb 2021 if a security review is announced it may not be approved by then [url=https://]https://nnsl.com/nunavut-news/federal-approval-of-chinese-takeover-of-hope-bay-hangs-in-the-balance/[/url]