Post by
rainman19 on Aug 05, 2005 7:58am
RE:Missed the boat...
Think of it this way. The company has a rights program in place that allows shareholders the right to pick up shares at a 50% discount in the event of a takeover. In other words if the company is bought out at 8, you have the right to buy shares at 4 setting your purchase price at 6 giving you a 25% gain...
Comment by
unplugme on Aug 05, 2005 9:12am
Is this rights program a 1 for 1 share program -no limit?
Where can I find info
Thks
Unplugme