GREY:CEQXF - Post by User
Comment by
mike49on Sep 01, 2018 5:36pm
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Post# 28553315
RE:Don't forget to sign & e-mail Subscription & Renunciation
RE:Don't forget to sign & e-mail Subscription & Renunciation I am not replying as a pro but....
the tax provision is too good to pass up for wealth entities.
the rights may expire for individuals who didn't exercise or sell for whatever reason but the backstop and over-alloption allow for others to hoover them up and guaranteed they will all go.
as retail,you have an opportunity to get some or give it away but snooze,you loose.
as an aside,in the end,whoever ends up exercising their rights will show mngt just what kind of shareholder base they have.took a while for the lender to come around but in the end they did, so they see something and not just cya.i talk about the base because it makes a difference down the the road for a sale or a merge and what kind of mood mngt is going to be in.
onward