InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,650.00
(
0.05%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.39
(
-0.24%
)
Bitcoin
61,373.98
(
0.95%
)
Post# of 178
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

56Chevy

Send PM Follow Ignore
Followers 129
Posts 5085
Boards Moderated 1
Alias Born 04/10/2008

56Chevy

Member Level

Re: Art Vandeley post# 162

Friday, 07/27/2012 5:36:12 PM

Friday, July 27, 2012 5:36:12 PM

Post# of 178
It's probably not a "cash" deal.

The Reuters source I used to post the info didn't go into much detail. My guess is it's a trade for stock. In other words you owned x amount of AUTH and you'll get x amount of AAPL.

They'll use $8 as the value of AUTH to make the conversion.

And people are willing to pay a slight premium above that to get those AAPl shares.

make sense?

AAPL is up almost 2% today so it's worth a little premium. ;)

Learn something new every time you invest...and take it with you to the next opportunity.

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
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
InvestorsHub NewsWire

Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM

VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM

Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM

Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM

Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM

Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM

Start posting your company's news
Only $200 per official company press release!