Q: I have owned Savanna Energy Services (SVY) for several years. There are two takeover offers for this stock. The three choices I have for my stock are:
a) tender my shares to Western Energy (.85 shares of Western and $.21 cash offered per SVY share).
b) tender my shares to Total Energy (.13 shares of Total and $.20 cash offered per SVY share).
c) do not tender my shares
In your opinion, what is the best choice.
a) tender my shares to Western Energy (.85 shares of Western and $.21 cash offered per SVY share).
b) tender my shares to Total Energy (.13 shares of Total and $.20 cash offered per SVY share).
c) do not tender my shares
In your opinion, what is the best choice.
Q: i took a position in savanna shares at an average cost of 2.07, the deal on the table is for 1.99 , so my risk is .08 cents and the upside is huge maybe 2.50 - 2.80, am i missing something other than no deal gets done. dave
Q: Franklin Templeton has acquired more shares of SVY today. Wandering how this will affect the stock. Is this a positive move or not.
Tnx for the great work.
Tnx for the great work.