GREY:CXSNF - Post by User
Comment by
mjh9413on Mar 07, 2014 6:02pm
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Post# 22296827
RE:Finally - CXS will pay us the Heritage Global shares
RE:Finally - CXS will pay us the Heritage Global shares2014 has a lot of days left...this does not change the picture on the distribution at all. We still don't now when in 2014 BUT we do know there will be no fractions and no cash for fractions. and, as already remarked, that value will come out of CXS sp and HGBL sp will probably sink like a stone as who really wants to hold it..not worth the value shown in the proportion distribution. Just have to hope that CXS can show a good level of financial performance itself, though the market seems to be telling us it might be disappointing.