Post by
Oneanddone on May 01, 2012 5:32pm
Realistic
Just being realistic. People can stomp their feet and hold their breath and curse the stock market gods but when all is said and done this deal will pass. I expected a much higher price, gleaning all of my information from the postings on this site but I guess no one really saw this coming, that being said why should I start listening now.
Comment by
letsgetready on May 01, 2012 5:39pm
The offer price is too low by all yardsticks..so it won't pass as it stands. do you understand how takeover bids work and that the first offer is usually not the final one. TRR has a tremendous asset and the market valued it at that last year and will do so again as the development progresses.
Comment by
Oneanddone on May 01, 2012 5:52pm
I guess I don't understand how takeover bids work, please elaborate take me through the steps. But for arguments sake, if the vote passes what happens then?