rjhstock.. & Everyone else.... since we're messing around, let say there is some sort of dilution. Don't they normally offer dilution ratios of shares like 100:1, 50:1, 20:1 or something else and not PPS? Hypothetically, what could the new PPS level after emergency from BK?
Posted by: rjhstock
Date: Thursday, June 03, 2010 2:25:20 PM
In reply to: My4ntoy who wrote msg# 59300
Post # of 59302
Just musing folks and having some fun... it has been dull around here and I like musing. All conjecture at this point, but I believe it is all very plausable. Thus the reason why I retain every one of my shares for many months now...
Posted by: My4ntoy Date: Thursday, June 03, 2010 2:18:44 PM
In reply to: rjhstock who wrote msg# 59297 Post # of 59302
rjhstock... Just so I understand what you are saying. say you have 100,000 shares and we use worst case dilution at 85%. That would give you 15,000 shares of the stock after BK. That would bascially give you $3.75 pps x 15,000 shares = $56,250.
Posted by: rjhstock Date: Thursday, June 03, 2010 1:59:34 PM
In reply to: Belgianshareholder who wrote msg# 59295 Post # of 59299
Realistically, I think it could be anywhere from 40% to 85% dilution at worst... even the worst case on a $25 offering would put us at $3.75... more than double from here... my guess is 70% on $25/sh = PPS of $7.50. JMHO
