RE:RE:RE:RE:Need GuidanceAppears to be around 2.50 is my calculation based on market cap + float. They have to get a counter offer, etc.
CoreyB wrote: Does the $2.85 not just represent the value of the deal at a per share level? There was statement in there about .095 shares from CPG for every share of LEG owned...which I take to mean if I own 1000 shares LEG ($2850 value at purchase price) then after this proposal closes I would own 95 CPG shares ($2707 at bought deal price). Out $143 at 1000 shares, start moving that decimal point for you rich buggers.
If you are in at much more than $3/share I feel for you. If you are close to the stated value, DRIP it and forget it, CPG is a buy and forget type of company IMO. Unless this deal crashes or LEG goes well over $3 in near future I think I will eat my small loss for more CPG on a DRIP. I played with a small portion on the rumours hoping for a much better deal that I figured was coming, disappointed in no quick easy money but happy I didn't go bet the bank. GLTA