As I understand it, under the takeover provisions, WGX will need to wait for a period of 4 months, should they wish to submit another bid for GCY which is less than the consideration offered previously. Needless to say, I think they will be happy to sit this out, see how the FFR integrations goes, understand if what was promised will be delivered and pick it up for a much lower value in March 2022.
I feel for GCY holders. The Board and their highly paid advisors have let them down.
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As I understand it, under the takeover provisions, WGX will need...
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Last
$1.05 |
Change
0.070(7.14%) |
Mkt cap ! $1.162B |
Open | High | Low | Value | Volume |
$1.00 | $1.07 | $1.00 | $8.386M | 8.107M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2800 | $1.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.05 | 15204 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2800 | 1.045 |
1 | 50000 | 1.040 |
4 | 50744 | 1.035 |
4 | 61394 | 1.030 |
3 | 238694 | 1.025 |
Price($) | Vol. | No. |
---|---|---|
1.050 | 15204 | 2 |
1.055 | 138694 | 6 |
1.060 | 38694 | 2 |
1.065 | 43360 | 5 |
1.070 | 28167 | 3 |
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