Tuesday, February 21, 2017 5:04:11 PM
Today, 2/21/2017, SunLink closed at $1.69, 19 cents above the tender offer. On 2/14/2017 they issued their 10Q for the period ending 12/31/2016. The book value of the company as of 12/31/2016 is $2.72 per share, $1.22 above the tender offer. And we all know that with the possible future sale of the pharmacy business of about $10M to $12M, and all of the other buildings and property that the company owns since 2001, along with the licenses, the FMV of the company is far north of the $2.72 per share.
Note that this unfair unreasonable tender offer of $1.50 made by the Management Team and the Board of SunLink Healthcare Systems Inc has made this tendering very difficult for the non-affiliated shareholders. Meaning that, this gun to the head offer, take this offer or the affiliated shareholders are going private, underground, going dark, with non-tradable shares, is just plain wrong.
Recent SSY News
- SunLink Health Systems, Inc. Announces Fiscal 2024 Second Quarter Results • Business Wire • 02/13/2024 11:12:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/13/2024 09:54:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/29/2024 06:39:01 PM
- Sunlink Health Systems’ Subsidiary Reaches Revised Agreements for the Sale of Trace Regional Medical Center and Clinics • Business Wire • 01/29/2024 02:26:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2023 08:17:31 PM
- SunLink Health Systems, Inc. and Progressive Health Group, LLC, Agree to Extend the Closing Date of Their Previously-Announced Sale of Trace Regional Medical Center • Business Wire • 12/12/2023 02:17:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/28/2023 08:17:47 PM
- SunLink Health Systems, Inc. Announces Fiscal 2024 First Quarter Results • Business Wire • 11/20/2023 02:14:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/17/2023 09:09:03 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/14/2023 09:20:32 PM
- Micro Cap Bid Up Following Asset Sale Announcement • AllPennyStocks.com • 11/14/2023 02:25:00 PM
- SunLink Health Systems Reaches Agreement for Sale of Trace Regional Medical Center • Business Wire • 11/13/2023 10:42:00 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 11/13/2023 10:26:31 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/23/2023 07:37:35 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/23/2023 07:22:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/23/2023 07:07:41 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/23/2023 06:49:41 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/23/2023 06:41:32 PM
- SunLink Health Systems, Inc. Announces Fiscal 2023 Fourth Quarter and Annual Results • Business Wire • 09/28/2023 08:02:00 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 09/28/2023 03:41:43 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 09/27/2023 05:11:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/16/2023 09:40:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/16/2023 09:17:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/16/2023 09:09:10 PM
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