QPN 27.3% 0.8¢ quest petroleum nl

takeover question

  1. 250 Posts.
    Hmmm, yes, about these other companies watching (and I'm sure some are) . . what about the prospect of a takeover by one of them?

    I have been caught a number of times with a situation like this, where, as soon as definite promise is shown, someone else swoops in with a T.O. offer, and then so many target company shareholders are keen to get out at a small profit that it's soon gone for a song.

    Yes, I know this is legal, and there are certain protections for the target company. and yes, you can't blame a bigger company for going after its own interests. BUT . . is this what we want to happen, people??

    Our QPN, which many here think could go to 10c, or 50c, being snapped up because 90% of s/h will sell for 2c?

    I suppose some of the bigger s/h's may hold out, that may strengthen our case, but oh, I hope it doesn't happen for QPN.

    Thoughts anyone?
 
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