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Saturday, September 05, 2020 6:39:46 PM
Once DA is signed and released, we will know everything as to what are the terms and conditions of merger and how the preferred will be converted to common. At this point everything is speculation on our part.
Regardless, I am not going to take the tender offer to lock my shares at 0.06c/share ($15/250=0.06c) even if there is a possibility of RS simply because if the merger happens, even if there is an RS, I don’t think the share value will be any lesser than 0.06c. So nope, for me no tender offer. I would rather take the chance and hold onto my stocks.
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