GREY:STPJF - Post by User
Post by
ShatnersRugon May 09, 2014 8:07am
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Post# 22542524
Scurvy be damned!!!
Scurvy be damned!!!
Eyeinvestor is absolutely right!
I was convinced that a deal was in the works because of the cost to the company involved in delaying Senlac. However, we're not looking at a joint venture at all. A JV at McKay has nothing to do with Senlac's operations. Why would a capex freeze for STP as a whole be in place?
A sale is the only reason for Senlac's halt in prepping Pad L.
I was on the trail, but was only able to narrow it down to two suspects. A JV or sale. However, with the aid of Eyeinvestor's bigger magnifying glass, I am convinced that the JV possibility doesn't hold water anymore.
The $64,000 question is How much will STP be sold for?
Answer: I haven't a clue.
What I do know is what Eyeinvestor pointed out. All of the top brass, board members, and large stakeholders at STP hold common stock. They won't let her go for a quarter, that's for sure.
Question: In the past, when a sale has occurred involving a publicly traded company, what was the largest spread between common stock value and dollar amount per share?
Shat-