RE:Whats Kevin smoking?Bpultra, you are absolutely right! What the heck Kevin is talking about? Who and how many shareholders actually received a premium? From what I can see, these last three PP shares are all under deep water, one way or another...?!
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| Date | Shares | PP Price |
| 22/03/2010 | 5,405,404 (IFC) | $0.74 |
| 02/06/2010 | 22,258,000 | $1.55 |
| 04/08/2011 | 21,053,000 | $1.90 |
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Yep, he may be talking about their cheap options?!
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By the way, BP, your $2.40 block shares of VTR, after changed to BTO shares, BTO sp has to move to $16 just to break even..... And with BTO 675mil shares O/S, its market cap has to reach $10.8B (675mil * $16) for you to break even.... ouch!!!
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