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Re: ggwpq post# 167484

Monday, 12/17/2018 1:04:46 PM

Monday, December 17, 2018 1:04:46 PM

Post# of 429141
Thanks ggwpq, been meaning to dig into that, and was not expecting that kind of detail in the chronological accounting of events going back almost 2 years.

I'm a bit amazed they were able to get what they did for the Co after such a long period of dead ends with regard to raising money through the desired co-promote.

I'd still love to know how Bloomberg got the scoop on 11/16, who leaked it, and was the leaker's motivation directly tied to raising pps enough to close the gap to reasonable premium.

Substantial Premium. The Company Board considered the current and historical market prices of the Shares, and the fact that the Offer Price
represents a compelling premium to recent market prices of the Shares, including
• a 110% premium to the 30 trading day volume weighted average price ("VWAP") for the Shares on December 2, 2018,
• a 105% premium to the 60 trading day VWAP for the Shares on December 2, 2018, and
25
• a 182% premium to the closing price of the Shares on November 15, 2018, the last full trading day prior to news reports that the
Company was considering a potential transaction.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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