Have to vent, sorry if folks don't like it... T
Post# of 11038
The hardest part about what is transpiring is that none of it seems to be supported by anything of being in the best interest of shareholders.
A simple .01+ buyout would likely be welcomed by all the approximate 200m retail shareholders. It would also create a little squeeze on any shorts.
In the absence of the above, a ratio or even the basis of what might used to determine a conversion ratio would put shareholders at ease. This is a HUGE factor as they could the PPS in the grays here or a real valuation based on fins/etc. The impact could by a 300-> 1 or 1->1 Why we have no clue on this is starting to irritate me.
Nebulous merge is complete but no communication with FIRNA and still trading
There must be a reason for keeping shareholders in the dark though I still haven't put my finger on it. There is a high stake chess going on here and us retail investors are just a small part of it.
Not bashing or looking for cheap shares. All of my posts here and on crap-hub support that.