RE:RE:NEWS : Alfa to be diluted in PacificZoolanders21 wrote: I am long and holding as well. Sold some at different points and rebought lower to increase my share count. I think this is good news. means that they are not interested in investing further in PReunless they are in control ... snce PRE elected to pursue the Catalyst deal over theirs the only way to now get control is to initiate a hostile take over and try to restructure the debt. They are holding their cards close to their chest and like any good poker player will show their hand last. Makes no sense to do it now. They will wait until the deal is announced by PRE ... shares will go down, then they make the offer. Who says they are indifferent about a $1.2 billion investment think about it? GL Zoo
Of course they will make an offer but with shares down by 60-90% they will offer 0.4-0.6$/sh