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Re: kashix post# 15560

Saturday, 03/21/2015 8:08:39 PM

Saturday, March 21, 2015 8:08:39 PM

Post# of 18419
How do you want me to elaborate kashix? The way it works is LUK gets about the 1st billion $ from any sale.

The only way FXCM is getting out of that clause is if they pay LUK off, and don't think they will somehow take less than ~$1 billion.

FXCM wasn't really worth that much more before the CHF event. At $17/share, and 47 million shares, that is 799 million.

They are now worth ~$300+ million less. That doesn't leave much for shareholders.