GREY:PGDIF - Post by User
Comment by
cudjoon Jan 22, 2016 12:56pm
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Post# 24484559
RE:RE:RE:over 31 million
RE:RE:RE:over 31 million"Say those 13million don't get exercised. That only equates to 3.25million shares for a total $325,000 shortfall. I know I oversubscribed, several others said they oversubscribed, doesn't take much to pick up those oh so worrisome 13-million rights."
13.5 right now..... over 17 million bought on what I believe was a hedge, now means almost a million dollar short fall, and I believe most of retail will not exersice because they can buy shares cheaper on the market. Lets say I am right, all of management exersise, give it 50% of the rights, 3.5 million, the big guns pick up a few more, still short. The only thing that will change my mind is if this is fully funded by the brothers when retail bails on them. Then the next logical step is to go private stating it was all the markets fault and in the best interest of shareholders, here is 12 cents. Pow.