Post by
Variable on Sep 23, 2010 4:49pm
What becomes of the shares held by minorities
This is the first time I have posted, also the first message board I've joined. I do not understand what becomes of the shares that Severstal does not control at the time of the IPO launch. I am somewhat new to this! I understand the theory of creating a company out of aquired assets "The whole being greater than the sum of the parts" HRG will be given a value based on the percentage of the total value of the new entity. I assume that the sp of HRG will immediately begin trading at said value. Assumption being the Mother of all funk ups it would sure be a "calming voice in the chaos" if someone could explain this. I know no one has a crystal ball but some possible scenairios would be appreciated. It seems to be the biggest unknown variable in the equation.
Comment by
huqja on Sep 23, 2010 6:11pm
I am delighted to see my shares grow ten fold. i bought in couple of years ago at .09 cents. Congratulations to me on extra money being well invested. Same to all others who had been here 2 years ago.Cheers
Comment by
espressostretto on Sep 23, 2010 7:43pm
I have to make it official now...this board is starting to concern me.