InvestorsHub Logo
Followers 17
Posts 2552
Boards Moderated 0
Alias Born 10/06/2010

Re: Jagman5 post# 42186

Monday, 11/19/2012 9:16:13 AM

Monday, November 19, 2012 9:16:13 AM

Post# of 54312
I think the OS at that time was well over 1B shares for HNSS. Black probably did have to give out 500MM shares of INAR for the special dividend to HNSS shareholders.

It also makes sense that another 400MM were sold onto the market along with the 500MM from the dividend. The price of both companies has been unable to move up due to increased selling pressure.