Comment by
uncoverer on Jun 25, 2009 6:10pm
Just noticed official announcement is below on Stockhouse.
Comment by
fairfax1 on Jun 25, 2009 6:17pm
The offer doesn't expire until the end of July, so Severstal can capitalize if at any time the price goes under .22 until then. It is pretty ridiculous for them to still be proposing the offer since HRG is establishing a higher price now. I won't be surprised if they pull some more stops to kill the sp.
Comment by
uncoverer on Jun 25, 2009 6:20pm
Another crock and would you believe again ANOTHER subtle threat. No assurances that RG would be able to get a posting on another exchange if offer does not go through and a delisting occurs !!!!!!!!. Not a chance with HRG'S progress and value !