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Bullboard - Stock Discussion Forum Greenbriar Sustainable Living Inc V.GRB

Alternate Symbol(s):  GEBRF

Greenbriar Sustainable Living Inc. is a developer of sustainable entry-level housing and renewable energy projects. The Company’s primary business is the acquisition, management, development, and possible sale of real estate and renewable energy projects. It operates through three segments: real estate development in the United States (Real Estate), solar energy projects in Puerto Rico (Solar... see more

TSXV:GRB - Post Discussion

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Post by 9Islucky on Jun 30, 2022 8:39am

A devious theory

If Phantom believes that they can demonstrate that their offer is generous by comparing it with the GRB quote,what incentive do they have for the guote to increase? Assume they have watched GRB for a while and have amassed a large position? What would you do if you were them?
Comment by BlackMazz on Jun 30, 2022 3:11pm
Coincidentally, I think that's what I read about what happened with Western Wind: large shareholder(s) pushed to accept the Brookfield offer, while the CEO wanted clearly more. I think Greenbriar, with the big ownership close to the CEO, can dodge that siituation and ask for bigger bids when offers come, taking the time that it needs to attain fair value for its assets, instead of quick cash.