head fake going on right now. nasd does take time and i do think the paper work has been submitted for the symbol change.
what i'd like to know ~ if the divy has not been credited yet at the time of the symbol change, will the transfer agt do so if we decide to trade any portion of our shares once the symbol change goes into effect (as it should show us, investors of record).
in any case i'm looking for monday morning news regarding: "Westar has also announced that it will be closing on the purchase of a controlling interest in a public oil and gas company for $150 Million Dollars. This acquisition is set to close on the second week of July. The source of funds used to close the purchase will be from a senior secured loan. No shares of Westar will be issued as part of this purchase".
i do not see the shares to be restricted p/sec 144 as i once thought as scraft says the shares are free trading from the get go.
anybody agree...? thoughts? anyone spoken with the transfer agt or have thier contact info?
I guess the reason why they changed the way of dividend is because they found that the price was only half of 6.75, which means that they need to give around 12 million dividend for 3 million shares outside.
One to one means that they will double the number of shares. They don't need to pay anything, but just the money from investors themselves, however they even said that it is an increasing of dividend!!!
News 
Market Data 
Discover 
