The IPO price back in 2005 was $0.40. This is equivalent to $8 post consolidation. Those initial participants have had 15 years of their money sitting there. I presume L Walker was heavily involved in the IPO.
I read speculation that T O prices could be $5, $8 , $10 or whatever.
Those IPO investors would be losing big time if the TO was even $10 (cash only).
My thinking is that the IPO investors remaining are probably thinking royalties rather than TO so as to make their investment profitable. If there is a TO then it would have to involve shares with Acadia or whoever else might be involved with ROW deals.
I may be missing something more than likely.
PS been here since happily since 10/2015
ACADIA BOOM !!!!, page-27
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