GREY:VFGGF - Post by User
Comment by
splurgeon Dec 10, 2012 10:01am
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Post# 20707045
RE: Breakup fee is $12,500,000
RE: Breakup fee is $12,500,000 Yes that will help pay for q4 drilling. They have 27% from insiders locked in but that may not help. This latest offer is from a third party. Guess they don't want anyone shorting thier stock just yet. Don't know the rules and don't know when they have to come out of the closet. I hope PRY walks away at this point if the offer is all cash and near $5. What are your thoughts about PRY going forward? Will they stick to the same dividend model and does this impact thier growth rate without STO?
cheers