GREY:ESOFD - Post by User
Comment by
bridgetonowhereon Oct 05, 2013 2:53am
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Post# 21793355
RE:RE:RE:RE:RE:RE:DILUTION
RE:RE:RE:RE:RE:RE:DILUTION@Solver - Actually, making personal attacks on Dev's character is pretty well the same as rebuffing a take-out offer Dev would endorse. I mean it's difficult to argue that Dev will prematurely sellout FCU for his personal benefit and then at the same time argue that reasonable offers should be looked at. That's the contradiction it appears that you've advanced but in reality Dev's influence over the success or failure of an offer is secondary, as it's the major shareholders who hold the power and will ultimately decide on an offer's fate.
It's also unclear to some of us why you oppose, or at least dismiss, an increase in the intrinsic value of FCU as imaginary when the market assigns an intrinsic value to all stocks. The merger between AMW/FCU will help grow FCU's intrinsic value because the removal of the poison pill that's currently in place increases the probability of a take-out offer which also increases the risk of being of being divested. The more investors that hold - the higher the share price goes. There's nothing imaginary or detrimental about that.