RE:RE:A stupid question
DeputyDawg wrote: Easy answer. If Atlas are taken over the money goes in full direct to Atlas shareholders. Vulcan's share goes to Vulcan and what they do with those funds is down to the Board.
The Board may pay themselves bonuses or they may main retain funds for alternative investment. If there is a special dividend paid it is very unlikely all of the Atlas money will to distributed to Vulcan shareholders - some will be retained by Vulcan for future projects. Laracy's history is in oil.
The sensible investment is direct to Atlas where you have better control of your money.
Everything you say here is true, but what you fail to mention is the leverage that VUL gives you. If you're dealing with a fixed amount of cash to invest, VUL offers you an 8 to 1 ratio in shares for the same dollar. This being undervalued as it is, once the buyout is complete, with you holding more shares the total value of that pile will more than likely exceed the smaller share ownership you would be holding in SALT. Remember, VUL offers more possibilities with their alliances in place with others both now and future deals, not to mention the ongoing NSR they' ll collect from the eventual buyer.