Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
6,782.81
(
2.51%
)
US TECH 100
24,206.00
(
2.81%
)
Dow Jones
47,909.92
(
2.85%
)
Brent Oil
94.67
(
-6.47%
)
Bitcoin
71,299.11
(
-0.96%
)
News Focus
News Focus
Post# of 17499
Next 10
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

DJN

Send PM Follow Ignore
Followers 46
Posts 7967
Boards Moderated 0
Alias Born 07/07/2008

DJN

Re: pinda post# 12823

Monday, 04/19/2010 12:14:29 AM

Monday, April 19, 2010 12:14:29 AM

Post# of 17499
Pinda, you are correct. They are NOT saying that your shares are worthless. You are receiving one share in Lamco in lieu of the each share you currently own in any given equity class. With that said, nothing has changed except for the fact you will not be able to trade Lamco shares as it will be a private subsidiary.

Currently the ratio is a share for a share.

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today