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Re: w1104 post# 17001

Sunday, 05/31/2015 9:38:57 PM

Sunday, May 31, 2015 9:38:57 PM

Post# of 18419
Because it was a bailout loan.

FXCM was forced to take it. LUK had the freedom to write the terms any way they wanted to.

And they did, and that is why this one-time $17 stock is at 1.5 after falling well below the 2 buck mark it was hovering around.

The CFO of FXCM understands the terms. Read Carefully, in the CFO's own words. One. More. Time. Yet. Again.

Robert Lande - CFO

No, the right to -- it's annual right that starts in three years from January '16. And then have the right to, can trigger a sale of all or a portion of the business and it is not tied to whether the loan is repaid.



http://seekingalpha.com/article/2998256-fxcms-fxcm-ceo-drew-niv-on-q4-2014-results-earnings-call-transcript?part=single

2 things here.

1, to answer the one guy's question, yet again, ALL of the business was rolled into Newco...

and 2) it is not tied to whether the loan is repaid.

(Once again)