I just posted this for HRT shareholders in Canada on SH.
HRT & SLR
Hi all, I'm an Aussie, a HC poster and an SLR shareholder. I thought I'd come over to have a read on what you folks were thinking.
SLR has bought control, not through equity, but through debt. All shareholders, including NGD are way down the list when it comes to whether anyone gets anything.
By the way, why would SLR pay anything to any shareholder given they will own the debt (the first right) they can call in for the assets of HRT?
I have no interest in this matter other than to celebrate that SLR had the ingenuity to enter the arrangements they entered. I guess from a more egalitarian perspective, I think HRT holders should sell if they can.
There's no promise HRT won't trade after tomorrow, or ever again for that matter. I hate having to cut my losses, but sometimes you have to.
So, please don't take this as me rubbing it in. I have zero influence on price, people or decisions. I hope you guys are okay. I just think you might be more okay if you didn't have to involve yourself in getting nothing or only a very small fraction of your 2 cents per share, sometime down the track.
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I just posted this for HRT shareholders in Canada on SH.HRT &...
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