Post by
fbedard29 on Jul 18, 2024 9:47pm
Strategies to acquire the Company
If i had $4m to invest in a co that i would like to acquire i would do what the new
share holder is doing.
I would ask to be on the board of directors.
I would ask to be in a position to add to my holding.
To acquire a mining co the rules specify that the new possible owner needs 66% of the share holders approuval(that do not include the purchaser).
One way to increase the odds of success is to buy the shares of a few large shahe holders.
Maybe Mr Hinse heritors and or Mr Mestralet would be willing to sell at a price of 0.06- 0.08c .
Another way to increase the odds of buying is to have friends buy all available shares at todays prce.
and they would all be in a position to vote for an aquisition.
That would leave small inverstors that acquired shares at 0.04- 06 c a shares in a position to vote
for acquisition.
The result would be that the new investor could acquire Abcourt at a very large discount.
We as old share holders would be in a loosing position.
Yes there is a possibility to sell our shares at 0.08c but is that the final result after 10-20 years of
being a loyal share holder.
Please comment on my post
Fernand
Comment by
fbedard29 on Jul 18, 2024 9:51pm
And can i add the if i understood right the new owner had invested $100-$200k to analyze Abcourt. Fernand
Comment by
Lotten on Jul 19, 2024 3:54am
Hi Fernand. Could we please have a source for your information.
Comment by
Lotten on Jul 19, 2024 4:27am
Some questions for you Fernand. Do you have someone special in mind, or is this just an imaginary scenario based on your own considerations? And why do you even think along those lines? I think you need to give us a little more to chew on before we can even enter into such a discussion.
Comment by
fbedard29 on Jul 20, 2024 6:16pm
And or if i find an extra $200k to invest .Then i might be a little more negative to help the share price to decrease. But that seem very inlikely either that i find $200k or that the share price should decrease. Only dreaming again after many beers. By now you should all understand that what i post is only a dream. Fernand