Welcome to the Crystallex HUB on AGORACOM

Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

Free
Message: GRZ vs. RMLFF, news??

Re: GRZ vs. RMLFF, news??

posted on Feb 05, 2009 04:35AM

Turco, it would be nice to be a fly on the wall.


Not sure how long it will take for the judge to make his decision but here is a recent example that it took the judge 10 days in this case. I know apples and oranges here with the companies.


Dec 11 - Rimm makes bid for Certicom for 1.50...Certicom trading at
1.73 that day.

Dec 22 - Certicom files injunction to hostile bid and sets Jan 9 for
hearing.

Jan 19 - Judge grants permanent restaining order of hostile bid.
Certicom trades at 1.80.

Jan 20 - Rimm withdraws offer.

Jan 23 - Verisign makes offer for 2.10. Certicom trades to 2.34.

Today - Rimm returns and doubles offer to 3.00.

Share
New Message
Please login to post a reply