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insomniac

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insomniac

Re: bwana12 post# 1428

Thursday, 01/07/2010 5:23:24 PM

Thursday, January 07, 2010 5:23:24 PM

Post# of 1731
I dont see why they would have to make such a generous offer to the common shareholders . I cant think of any buyout that was offered a triple + to its current price.In general it's ususally a 20% premium. Is a restructure that different, that they would make such a terrific offer on a 16 cents stock with a negative book value.. I would hope that you are correct and maybe even that your estimates are low,However,I just dont get where you are coming up with 50 cents. Could you expand your reasoning on this point???
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