Post by
m8magic on May 02, 2015 11:51pm
Fella's
Im thinking the only reason they are financing is to have these shares in strong hands to dilute Poutneys enough so that poutney and hbay won;t be able to do a hostile takeover which management may feel is getting to a possibility in numbers now...so they are just going to get the numbers tilting back in their favour to get a better price if there take-out was indeed a possibility..
Comment by
freeedom45 on May 03, 2015 1:18am
If that's the case, I'd like to see management put a considerable amount of "skin in the game" Note: there are also shares available in the "open" market... GP has done a good job of accumulating this way!
Comment by
wintersun10 on May 03, 2015 6:29pm
so, would Pountney be excluded from participating in the financing? don't think so...
Comment by
dapperden on May 04, 2015 4:21pm
m8 are you thinking of the shareholders right plan, called a poison pill, to prevent a hostile takeover by a company or individual.