Reject the offer and then?18 Aug 2023 17:35
Hi everyone,
Can you please advise? I don't want to accept the offer of Globe as it is below what I think my shares are worth. I asked my broker to send me the share certificate so I can sell my shares further down the line, when I feel that the share price better reflects the value of BOTB. The broker accepted my request but then called me later to "inform" me that I may not be able to sell the shares further down the line, or that it may be at much worse conditions.
So, just trying to brainstorm here, what happens when I reject the offer by Globe; I get the share certificate: I own part of the company: there is no way they can make me sell unless I wanted to and I should be entitled to any future dividends etc...I am thinking right or did I get it all wrong?