Re: Too many unanswered questions - appears big hurdles
posted on
Apr 16, 2015 04:00PM
SS - The link provided talks about shares sold on the market - bringing the price on KWG down.
It doesn't seem to be in line with your question at all.
I have never heard about any issuing company having (without a shareholders agrement) to be consulted about the sale of shares owned by others.
They could have a buyback agrement, and by any means let them buy back the shares - if they can afford them!
But i Don"t think they have a say about the purchaser. Should they have the opportunity to say no to any atempt by the bankrupcy courts efforts to realize the asset owned by CLF just as they please? Not a chance.....
Where did I hear.....we were not consulted before????
Lap