GREY:WFEMF - Post by User
Comment by
professorchaoson Oct 01, 2012 9:58am
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Post# 20432954
RE: RE: RE: RE: RE: $35million from IMC
RE: RE: RE: RE: RE: $35million from IMC My thinking is that management most likely wants for us (strong longs) to know what is going on, without tipping off all the day traders. This is a reasonable approach if they are planning major repurchases, which I truly hope they are. (At current prices, the amount of extra cash they are receiving from shinhan (168B KRW vs 120B KRW) is enough to repurchase nearly half of the company.