Post by
Paperonweb on May 24, 2017 9:45am
Any chance of higher bid?
Is there a chance of higher bid or it is a done deal? I noticed some buying at 0.80
Comment by
DanielDarden123 on May 25, 2017 6:28pm
With the insiders holding only 22% but requiring 2/3 of the units to be voted for at the meeting, they have much work to do. Early voting against is a no lose strategy for a retail investor as it indicates non-acceptance as well as high participation; both of which are not desirable by the acquirer. Any vote can be changed later.