Thursday, March 18, 2010 9:21:38 AM
Thrr anounces that all share holders will be given 0.01 per share from the buy out.
Now why would the company that is buying out thrr allow thrr to mention the 0.01 per share buy out, knowing that would result in more people buying shares at below .01? That i would think would cost the NEW COMPANY additional millions of dollars that they would have to pay the stock holders. The only one that would profit from the anoucing the 0.01 per share would be thrr if the buy out does not go trough.
And it would not be wize to buy shares at above 0.01 a share if the new company were only going to give each share holder 0.1 per share at the buy out.
Someone please clue me in.
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