Re: Slow Burn
in response to
by
posted on
Mar 14, 2012 10:58PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
Unfortunately the corporate strategy to increase shareholder value is being overwhelmed by a different, much larger and conniving corporation's strategy to increase its shareholder value. We need something big to reverse the trend.
Two ways to buy out a company:
1. Acquire 20% and then make an offer for the rest of the shares, based on the current market price.
2. Acquire ~30%, albeit in several different accounts and funds, all the while holding the price down as you sell the shares back and forth between said accounts and funds. In the meantime, continue buying private placements and artificially suppressed prices among said accounts/funds and create new accounts/funds as necessary. Lather, rinse, repeat until retail shareholder base is insignificant to float and effective control is yours.
Which would you choose?