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NMHUCOWBOY

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Re: elberteclll post# 3502

Tuesday, 11/12/2013 1:42:24 PM

Tuesday, November 12, 2013 1:42:24 PM

Post# of 9346
Elbert, if China Motion is a subsidiary of VELA, what exactly do you think the impact will be on VELA stock if Alvarez sells China Motion? I read some of the documentation and I think it said there were about 1.5 billion shares outstanding in China Motion on the Hong Kong exchange. An offer at $1.15/share (which currency?) sounds like a lot. That could be a real game changer for VELA even with their outstanding debt.
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