RE:RE:Probably a friendly offer Bugleboy, It's simple. There are other quality names trading at 1/4 NAV besides SGY. If you take your proceeds of $2 (1/2 NAV) and reinvest in another quality name which is trading at 1/4 NAV you've doubled your potential gain. It's a no brainer for traders.
GLTA - Dan
bugleboy wrote: If it's worth $4.00 why would it be sold for $2.00? That would be pretty stupid. OR what has created the desperation to sell the company for half of what it's worth??? Kherson just listed everything good and positive about the company, time to give it away now???