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Hotelier51

03/23/16 6:29 PM

#13728 RE: MiliOTW #13726

You will have maybe half a share afterwards, or perhaps 1 if they round up.

Homebrew

03/23/16 7:33 PM

#13730 RE: MiliOTW #13726

They probably give you 98% of the share price in cash, and you will have 0 shares.

Anyone with less than 1 share is essentially forced to sell.

After destroying the share price, they can basically buy back super discounted shares and take ownership. That could be 1 goal.

If so, they may do 20,000, to wipe out twice as many shareholders.