RE:RE:RE:RE:RE:RE:RE:No one lining up to buy above $1.05For me, the ROC just emphasizes the determination of POE management. to focus on shareholder value. You say that VLE has cash and will focus on spending it... but who knows whether the choices VLE management makes will evaporate their cash and lead to little return. For POE, the cash is coming into my pocket... where I can wisely use it or waste it, but at least it is my decision. Therefore, I understand the POE SP rise when the distribution was announced. There may be others who abandon the ship after the distribution is in their pockets...but it doesn't make sense since tomorrow they will get $0.40 less per share, exactly the amount of the distribution.
If there is any fly in the ointment, it is that POE management may mis-manage the sale of the Thai assets.