GREY:HRIVF - Post by User
Comment by
SergeBruneton Nov 25, 2009 6:12pm
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Post# 16524319
RE: Updated List
RE: Updated ListI am holding 135.7k shares, will not sell under 2.00$.
If Severstal is buying shares, these will be considered as non-voting with regards to the potential minority vote to come. However, if they accumulate a sufficient amount of shares, and if Troika is deemed a minority shareholder without any link to Severstal, it might just be that Troika will have control over enough shares to tip the balance in a going private transaction.
It is my hope that, as last time, the retail investors (like us) and the funds will join hands to fight this into the courts if necessary.
SB