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Re: They have 21.2% locked up
Spider Resources
about 14 years ago
11
Re: They have 21.2% locked up
Spider Resources
about 14 years ago
6
Re: They have 21.2% locked up
Spider Resources
about 14 years ago
5
Re: They have 21.2% locked up
Spider Resources
about 14 years ago
8
They have 21.2% locked up
Spider Resources
about 14 years ago
6

They have 21.2% of SPQ shares locked up. They need 50.+%. Which means if they fall short of that number this 19cents offer is withdrawn; after that they can walk away or come back with a better offer.

Since they will no longer be 'bidding', could they go ahead and legally buy shares on the market if they don't get enough tendered to their offer?

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bananaboy
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Spider Resources
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SPQ
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TSX-V
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660,422,662 Aug. 27, 2010
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Metals & Minerals
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spiderresources.com/
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