Post by
60penny on Apr 26, 2015 12:49pm
Recent sell out
Seems cheap even if you got in at the low prices. I hope the Red Lake properties will generate some more interest, but I guess that is something Yamana will deal with. The cash portion is the real irritant for me- $173,000cdn is barely enough to buy an automobile. I think they did it just to twist the knife.
Comment by
brucepower on Apr 26, 2015 5:55pm
Cash is .001 not much there.
Comment by
Miran on Apr 26, 2015 10:06pm
That cash is to make it an even 10 cent price. You get yamana stock in exchange for mgp and the .001 in to make it an even 10 cents based on the closing price of yamana when the deal was announced.
Comment by
60penny on Apr 27, 2015 1:14am
They could have taken another 1.73 million out of mgp cash and rounded to 11 don't you think?