Apr. 1 at 12:33 PM
$ALLIF it's has become clear. That the Atlantic is under a hostile takeover campaign.
The buying company has 30% of outstanding shares and is buying 3% more every 6 months.
The buying company is also targeting large position holders... to buy beyond the 3%/6mo cap. Thru direct deals.
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What I believe you should expect.
The above conditions to continue.
Eventually leading to a 51% ownership.. forcing a sale at a greatly lower price per share. If they wish to take Atlantic private... I do believe this is the case.
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If this hostile takeover was not happening, I would have bought in (again).
As I no longer see Atlantic Making me the returns I want.... because of the lack of funding and permitting... (neither take this long to accomplish. Unless something behind the curtain is happening.)
For this, I do not see this ventures SP going up as a public company.
