GREY:HRIVF - Post by User
Comment by
SergeBruneton Jun 08, 2011 1:50pm
428 Views
Post# 18688182
RE: RE: RE: Institutional holders increasing
RE: RE: RE: Institutional holders increasingMmmm... it seems that Severstal only needs 13.66% of O/S to make HRG private... or a bit more than 109 million shares... so if they were to make a public offer (alluded to in earlier posts @ 1.50$/sh), then 163 million $ would make it possible to force a going private transaction... HRG has the cash to do it.
SEVERSTAL GOLD N.V. 610,362,172 76.34 % 20101008 18,999,984