Replies to post #15931 on A123 Systems fka AONEQ

[bunnyb]

The pieces sold will total more than the bid for the whole earlier, watch and see.The Government contracts/ business sold will be a substantial chunk of change.

[Tigerwind]

Do your math we only about 350m or give us say 400m in debt , Wanx buy 450m that leave is. About .14 PPS which is a lot higher in PPS we at . On top of shorts covering would push PPS up higher for a day or 3 .. Whatever it is we looking at at least .12+ Party on .. Don't forget Wanx only pay for some assets .. Include the other bidders got pieces of government contracts etc we can easily assume close to 500m minus debt .. Yahooooooo se u Monday for firework

[Slycoyote]

The article only said that Wanxiang's bid was short of the 465m it had offered before, however they removed all the government contracts and those were sold to another company. Not necessarily bad news.

[johnnytrader33]

Looks like someone has no clue what they are talking about and just wants in at a lower price. Chase guy chase