GREY:CLLZF - Post by User
Comment by
thianon Jan 17, 2012 8:29am
475 Views
Post# 19411071
RE: Would be a bad time for a halt
RE: Would be a bad time for a halt wdr2 you make a very interesting point. I would expect the same premium being used on these current prices. Thus if the earlier offer was 1.50$ when the SP was 0.75$ I would expect at least the very same premium. Thus we are at 1.15$ so I would expect 2.30$ for the very least.
That price would still be a bargain.
Anything less could lead to another Nortel situation where executives are being prosecuted. Any price lower that 2.30$ would indicate some type of prostitution is taking placed. I am certain that the board will not wish to fact the wrath of stakeholders and the hammer of a judge.