RE:??????This situation happened a few years ago with a gold venture stock. Can't remember the name, but the price was driven down and someone took it private. In this case, got a cheque worth 10% of original investment and never heard of the company again.
As for FCV, have lost down from 17c average, but thinking of trying to make back that loss by buying at these levels. Don't know if we'll see 5c again, maybe in the summer or if there is new financing?
wayned wrote: My question to anybody was what will happen to existing shareholders if the company went private . There was a couple of very savy guys posting here a few years ago who would know all about this kind of thing but they are long gone . My average price is much higher than this and although I have averaged down a number of time I feel now like I`m the guy that`s going to get burned . I wish I was in the position of the people who bought in the last year or so . They are likely to do very well .