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Non-Tech : Shipping - Oil & Gas Tankers, Dry cargo, LNG -- Ignore unavailable to you. Want to Upgrade?


To: rdkflorida2 who wrote (2617)6/11/2025 12:28:51 PM
From: nicewatch  Respond to of 2659
 
Believe it or not I know well how tender offers work and back in the day was part of a syndicate that made one. Somehow I've a feeling the only tender offer you've made was to order chicken tenders at a restaurant. :-)

Nevertheless, you missed the point. The offer has been out there a while and keeps getting extended. Why is that? Why isn't everyone anxious to latch onto such a massive payday? Doesn't seem obvious that this microcap turd has overwhelming insider control of shares. So what gives?

Have you committed any shares to the tender offer? Can't you hustle more loot in other turd stocks and keep adding to your tendering? Or are you too illiquid?

It seems a red herring like most of your turd stock ideas but am sure it will flow tidally with how the sector does. Just an FYI.