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Does anyone know what the ratio is for SBM shares given to BDC...

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underwraps

7 Posts.

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14/03/22

09:51

Post #: 60171971
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Originally posted by fedmelb58: ↑

Just got a phone call myself. Another dilution of shares again really. Will lose money in initial the deal and then hope for bigger gains with SBM? Would be nice if takeover/mergers worked the way they should. ie huge jump in price rather than what we've gotten over many many years. Gold prices are soaring so maybe a better deal by the end of the month? Also spoke to a substantial holder who recommended "yes", so I assume he thinks prices will rise after a deal and that new management will do better than current management has.

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Does anyone know what the ratio is for SBM shares given to BDC holders?

Thank you.

BDC Price at posting: 54.5¢ Sentiment: Buy Disclosure: Held
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