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Ann: Tremont Makes A$0.33 Per Share All Cash Offer for Cradle, page-27

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nihilism

11,400 Posts.

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10/03/17

11:55

Post #: 23247230
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Originally posted by SandBagger ↑

Tremont has to get at least 90% of the shares for this low ball bid to work. Sure there are the directors voting a large block and Tremont already has just under 20%... But

I am not taking up their offer. If enough shareholders do not then the T bid doesn't make it.

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Uh they don't need 90% of all shares, they need 90% of anyone who votes.

Abstaining don't count into that total.

CXX Price at posting: 31.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.8¢		Change 0.000(0.00%)		Mkt cap ! $9.539M

Open	High	Low	Value	Volume
1.8¢	1.8¢	1.8¢	$36.07K	2.007M

Buyers (Bids)

No.	Vol.	Price($)
4	1488352	1.7¢

Sellers (Offers)

Price($)	Vol.	No.
1.8¢	69534	1

View Market Depth

No.	Vol.	Price($)
4	1488352	0.017
2	535000	0.016
5	858025	0.015
2	365000	0.014
1	140000	0.012

Price($)	Vol.	No.
0.018	69534	1
0.019	250000	1
0.020	2012754	4
0.021	1571232	4
0.022	400000	2

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