Ann: Intended Proportional Off-Market Takeover Offer, page-25

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shareboy

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02/09/24

11:53

Post #: 75486162
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Originally posted by 180975 ↑

There should be no negative sentiment toward ACTA; they have been transparent about their intentions. The offer is likely appealing to shareholders who bought in at .003c. ACTA understands that continued market purchases will drive prices up, as we have recently seen. Naturally, they aim to acquire their target stake in the company at the lowest possible cost. The onus is now on the HLX team to act in the best interests of shareholders, making this offer less attractive by taking decisive actions or presenting progress that boosts the share price. This pressure on the HLX team to enhance company value is a positive development, and it is hoped that the ACTA offer has put HLX firmly on the market's radar, attracting others to consider the opportunities HLX may present.

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Thanks Michael,

You may want to spare a thought for the investors who had acquired shares much more expensive than .003 cents though.............

IMO this partial take over is a waste of everybody's time. If they were really serious about wanting peoples shares at .005 cents then why at the time of this post arent they buying the 16,781,983 shares on offer at their desired price?

HLX Price at posting: 0.4¢ Sentiment: Hold Disclosure: Held
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Last 0.2¢		Change 0.000(0.00%)		Mkt cap ! $6.728M

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Ann: Intended Proportional Off-Market Takeover Offer, page-25

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Ann: Intended Proportional Off-Market Takeover Offer, page-25

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