News Focus
News Focus
Post# of 257426
Next 10
Followers 6
Posts 560
Boards Moderated 0
Alias Born 03/13/2007

Re: DewDiligence post# 63237

Wednesday, 06/11/2008 7:23:20 PM

Wednesday, June 11, 2008 7:23:20 PM

Post# of 257426
>>The SIRT premium was “only” 85% and the MLNM premium was an utterly pedestrian 50%<<

It's true the MLNM premium was only 53%, but the stock price inexplicably jumped close to 30% in the month before the acquisition was announced, so I suspect the 'effective premium' was fairly close to 100%.

micro

Life is an IQ test.

email: microcapfun@yahoo.com

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today