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Bullboard - Stock Discussion Forum Petroteq Energy Inc V.PQE.H

Alternate Symbol(s):  PQEFF

Petroteq Energy Inc. is a clean technology company. The Company is focused on the development, implementation and licensing of a patented, environmentally safe and sustainable technology for the extraction and reclamation of heavy oil and bitumen from oil sands and mineable oil deposits. The Company's subsidiary, Petroteq Energy CA Inc. (PCA), is engaged in the business of exploring for... see more

TSXV:PQE.H - Post Discussion

Petroteq Energy Inc > new and higher offer
View:
Post by bayoubucks on Jan 10, 2022 6:46pm

new and higher offer

What happens if another company comes in with a higher offer than .74??

Can you withdraw your tender in favor of the better one?

Anyone with a factual answer, no guesses or speculation!
Comment by YouLieTransit on Jan 10, 2022 8:54pm
This post has been removed in accordance with Community Policy
Comment by Wells Largo on Jan 13, 2022 6:21am
@ bayou: yes, if you read the tender @ www.petroteqoffer.com you will see all possibilities incl. withdrawal of tender (obviously needs to be before closing date of 02/07/22). What I also found interesting is their objective to own ALL shares. So even after the closing date and if they already have 50.1% or more, they still plan to contact and buy ALL OUTSTANDING SHARES at the 0.74 price...so i ...more  
Comment by Israel1948 on Jan 16, 2022 8:46pm
So were sitting at 19.5 the buyout is .74 thats more than triple to aquire all shares. And ofcourse we cant trade because of something pqe did...but there trading in the USA...? So you dont give triple value to acquire all shares. Every company Bill Gates bought out was at 1.5 When the price. When this stock goes to 3 to 5 cad than over 10 dollars.....well its going to happen.
Comment by YouLieTransit on Jan 17, 2022 1:23am
This post has been removed in accordance with Community Policy