Replies to post #155410 on Strategic Asset Leasing Inc (LEAS)

[trader59]

I’m thinking you’ll get 149 RWOD shares. You’ll have 1020 LEAS shares after the RS. The O/S with the preferred conversions will be about 41M shares, and there are 6M RWOD shares being awarded. Understand that a whole lot of people will be getting their RWOD shares at the same time, so that $7 price is very unlikely to hold, all you’re seeing traded is the paltry number of leftover shares held by the few people who didn’t redeem their shares for the $10, there wasn’t many that didn’t.
Good luck.