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Tiger44

07/11/19 11:45 AM

#7068 RE: dori #7067

Allied Nevada used to be a $45 stock. If they can get back to even $4 as a privately held company then there's little incentive to go public. One advantage of staying private is that only a small group of shareholders (like those with a managerial stake in the company) have voting power. Another advantage is that you're not subject to reporting requirements, SEC audits, etc.—a big plus when you're a bunch of shysters.