Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Oromin Explorations Ltd OLEPF



GREY:OLEPF - Post by User

Comment by tony1969on Nov 04, 2012 7:12pm
189 Views
Post# 20560886

RE: RE: RE: buyout prize

RE: RE: RE: buyout prize

 If the acquiring company buys with stock it usually goes down and will cause OLE to go down as well.  Obviously as far as OLE from a much higher level than today. Hence, the only way to ge an accurate winning bid for RK's prize is using the previous days closing price and using that as a basis.  For example if TGZ offers .75 shares of TGZ for every OLE share and TGZ closes at $2.25 the day before the deal then the winning bid will be $1.69.

Pure speculation. Put me down for $1.87 RK.

<< Previous
Bullboard Posts
Next >>