News Focus
News Focus
Followers 20
Posts 3041
Boards Moderated 0
Alias Born 10/05/2009

Re: Penny59 post# 26823

Wednesday, 03/03/2010 6:53:09 PM

Wednesday, March 03, 2010 6:53:09 PM

Post# of 233825
Penny, that is how I read the PR, but it leaves some discussion to what was secured by 50 million shares. The guaranteed 1m or the total secured 5m. I would go for the latter. Maybe the diff between OS and AS is there for other means. It's obvious that while retiring A/S shares the amount to be retired is well calculated.

Have read that companies have a high A/S in place for hostile takeover protection. Never understood how this mechanism works. Someone who knows?
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y