RE:RE:RE:SBM falls after that news?" I am personally not fussed here. It looks like there is more to the story around strategic investment that needs clarity, and whenever they get that figured out, we will likely go up again. JMO "
If "private" equity takes a major stake in the new subsidiary, there might not be much left for SBM shareholders.
I have a question for Howie: If he offers the "private" equity guys a sweetheart deal, will he offer it to the common shareholders as well? A rights offering would be a fair and easy way to allow us to benefit, not that howie gives a rat's donkey about the common shareholders. JMO