GREY:EXTSF - Post by User
Post by
Tokatoon Nov 26, 2007 10:21am
629 Views
Post# 13866306
Takeover...OK
Takeover...OKI'm not totally unhappy with takeover as I bought a lot of stock at $1.30. But I did think EXA could have done slightly better - at least $2.00. I'd like to see details of agreement and how much they need to pay in "severance". But I'm not a stickler. Making money on buying beaten down juniors. This is the third of my holdings that have been taken-out. I expect DFR to go next. My guess is between $2.50-$2.75 (down from what I thought was a sure fire $2.75 bid). I think a trust will buy them because its so cheap and can add to production/reserves. I expect it to bre a paper transaction. That's fine.