Post by
fatman2442 on Nov 18, 2019 2:51pm
when does the deal close?
I can't find when ESPT shares are supposed to convert to GAME
If someone is kind enough to not call me an idiot AND post their thoughts, that would be appreciated :)
Comment by
Steve888 on Nov 18, 2019 6:39pm
If approved by the votes in Dec 17, 2019, what is the benefits for the shareholders? Will the shareholders make profits from it? Any thoughts please. Thanks.
Comment by
YellowBrickRoad on Nov 19, 2019 7:26pm
Depends on what the shareholder bought ESPT for and what the price of GAME is upon receipt of shares. At todays's prices, one share of GAME @ $1.64 makes ESPT worth $0.1332. When the deal was announced GAME was $2.40, with conversion @ 0.081217 that made ESPT worth $0.1949. ESPT currrently trading @ $0.05 due to uncertainty.
Comment by
fatman2442 on Nov 20, 2019 4:03pm
Either way, it's a no-brainer to vote for the transaction to happen and either way is a huge win if you own ESPT. My thinking is that a lot can happen in a month and the deal could fall through - BUT if it doesn't everyone at these prices stands to gain a lot. I've decided to take the risk w/ a modest sum and see what happens.
Comment by
420mtl on Nov 27, 2019 12:52am
what a F joke... Not really happy with last news... Not even able to bring back thee share price at 10 cents and close the pp at original price... Was happy with my 6 cents enter, not anymore...