Galvanic Applied Sciences
Posted: Friday Jun 28 11:59:43AM 2013
Sorry, Flipper. I just took a quick look at the deal and thought that such a measley take out bid must be a joke. My bad.
Posted: Friday Jun 28 8:05:16AM 2013
Sounds pretty serious.
The Sponsors (as defined herein) have entered into lock-up agreements with certain shareholders of Galvanic who currently hold an aggregate of 10,901,064 Shares and 370,000 Options, representing approximately 67.0% of the outstanding Shares on a fully-diluted basis, pursuant to which such persons have agreed to tender all of their Shares (together with any Shares they may acquire upon exercise of Options) to the Offer. See ―Lock-up Agreements‖ in the Circular.
Posted: Friday Jun 28 6:57:22AM 2013
Offer received today for $1.70 vs the last traded price of $1.60. Not a serious offer, in my humble opinion.
Posted: Monday May 27 6:26:33PM 2013
After being range bound between 1.40 - 1.50 for a couple months, v.GAV has risen over the last two weeks today's new 52 week high of 1.75. News/strong financials to be released? Too bad I sold 0.50 ago! Oh well....
Have a good night.