RE: RE: Status of VoteFirst off, the deal will occur.
For one, SST would never have announced it without confidence that they'd have enough voutes, plus they already have 20%+ to start with.
Second, the stock is trading with almost no arb in it, meaining the deal is 99% likely to happen.
Third, given this horrible environment, plus the ongoing risk of falling copper prices (not to mention the lower multiple SST has gotten as a result), you'd be nuts to prefer a stand alone SST over a combined SST/SLW.
Fourth, eventually the CS guys would have been required to sell the company (or leave it entirely, which ain't happening) due to the conflict of interest.
Fifth, most stockholders (like myself) won't even vote, so most of the electorate will be assigned YES votes by proxy.
Be happy with the gift you've received, b/c without this deal the stock is right back to $1 in a heartbeat, and will constantly be held down by these issues.
yoyo