GREY:TWNNF - Post by User
Comment by
letsgetreadyon Sep 07, 2011 9:09pm
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Post# 19020388
RE: RE: RE: Is Now a Good time to buy GLD???
RE: RE: RE: Is Now a Good time to buy GLD???RaptorForget the idea of buying GLD to get more TRR if it increases its bid instead of buying TRR directly. Why? Even if you buy tomorrow (Sept. 8), settlement is Sept. 13, so you can't tender to the Sept 12 bid anyhow at this stage..you'll have to hope they extend the bid and maybe they won't, rtaher they'll get the shares thru the other means mentioned in the circular (merger at 0.0862 or compulsory purchase at 0.862)..in any event, you'll not make it buying now to tender on Sept. 12