RE: Wipeout potentially for CINE shareholders ahead6 Jul 2020 13:38
I’ve been thinking about this scenario Nickel.
If I’m honest, I don’t think it’s very likely at all. However, I have no legal expertise. But from a common sense perspective, they are asking for the full amount of the sale - but with no sale - I think it is a case of scaremongering from their side.
But again, I simply do not know. The SP hasn’t moved massively today, so the big boys clearly had it priced in or don’t care!