RE:RE:RE:Peter has protected us from a hostile take-over But unless I'm completely off base, the publicly traded mothership "HPQ" is unprotected. HPQ Nano is a sub, and, yes, we can argue that 50% is protected from take-out by virtue of PYR's conversion option. However the 50% would go with a potential purchaser of HPQ. Personally I wouldn't mind a bidding war for HPQ down the road a bit. That could yield insane returns for HpQ longs and continued insane returns if you are also long PYR, which I am. The best of both worlds IMO
Parksville wrote: he did - PYR can convert their earnings % from HPQ Nano into 50% ownership if the want to. This essentially protects the Nano division of HPQ from takeover.