I experimented with buying said shares. No go. The symbol that showed up at Scottrade was AABRT9# but no activity is allowed. Like you, I have the same number of AABRT9# as I have of AMAVF.
The language of the prospectus is sobering, a bit like reading the Mason's book that warns that anyone reading their secrets will have their hearts and liver's plucked out by ravens, or something of the sort.
See my post # 6184 for a link to the prospectus, but I've asked Charlie to erase it (I can't see how I can) because I'm unsure that it's legal for me to provide a link!
Most curious, all of this. The math says that ALL of us have to elect to buy to use up all of the 4 million + shares. The underwriter should want all shares to be sold.
I'm not to the point of accusing GE and others of conspiring to lock out so many because I've seen, from the inside, how board intent and actions can be thwarted by legal problems that weren't foreseen.
A reminder, even if GE were somehow able to manipulate the rights issue and buy all 4 + million, they end up owning somewhat less than 80% of shares outstanding. The question is, does that mean that Elliot ends up with less than 10%? The uncomfortable answer seems to be yes but I'm not certain. I don't know precisely what proportion Elliot owns.
