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Net-Man

07/09/17 5:45 AM

#41088 RE: eleniak #41087

The numbers that GE is using reflect the pre-split value of the shares. What Kalani knows is they get a 6% fee to be the pass through agent for GE's newly printed shares. This is nothing more than a legal contrivance so GE can claim he is "selling" shares to an investor who is then legally able to sell their shares as they see fit.
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ash111

07/09/17 6:05 AM

#41089 RE: eleniak #41087

Investor(s) paid $143m. That's several times current Market cap.even much higher than fully diluted potential Value.
Answer is they believe in impressive ROI. Something like 10 times (cap) will bring them only modest gains (after Tax).
Very nice you have noticed it.
$DRYS will be oppened around $1.5 per Share on Monday.imo
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ThebondoKid

07/09/17 10:18 AM

#41090 RE: eleniak #41087

You have no understanding of what you are reading. WOW