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Re: Churak post# 23964

Monday, 07/30/2018 11:56:44 AM

Monday, July 30, 2018 11:56:44 AM

Post# of 145668
problem is... we don't know what BIOA considers to be "lowball."

All our number crunchers and valuation experts put this deal at $150M to $350M and most thought those were reasonable numbers when you consider all the variables.

What if BIOA considers $500M a lowball offer?
It's considerably more than shareholder estimations, but probably less than the company desires.

However, the JUDGE will have his say tomorrow. (and yes, Michel is French for Michael) I don't know how to post a pic, here's the link:
https://www.google.com/imgres?imgurl=http%3A%2F%2Fwww.droit-inc.com%2Fimage10276&imgrefurl=http%3A%2F%2Fwww.droit-inc.com%2Farticle11673-Plus-deux-juges&docid=ZU3H5_T-MdhmjM&tbnid=ju9EIszslZiSuM%3A&vet=10ahUKEwjZv-_il8fcAhVrRN8KHRuBCk0QMwg2KAEwAQ..i&w=145&h=172&bih=834&biw=1406&q=Honourable%20Michel%20A.%20PINSONNAULT&ved=0ahUKEwjZv-_il8fcAhVrRN8KHRuBCk0QMwg2KAEwAQ&iact=mrc&uact=8

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