RE:RE:TLT Utopiamenoalittle wrote
ha! so... sell half and then expect to participate in the offering to replace those shares, Bunge? (yeah, you're idea has been stripped naked and is exposed...)
what if it doesn't go as planned and your monies get returned to you?
happens, you know. placement gets oversubscribed, and the company gets to be picky about who is in, and who is out. oopps! forget what you might have been told... that all goes out the window if some big money instition says "we're in on these conditions..."
such would be the case if a large brokerage offers coverage of the company for a large percent of the PP