Post by
petesfreak15 on Apr 19, 2021 10:32am
To simplify....
Its not a cash buyout - its a share swap. Lets hope there is more news on Reco side, and our management can negoiate a better swap (considering our 50% rights to it). Even a point .005 would help. 30 days countdown. GLT Longs
Comment by
DreaminJim on Apr 19, 2021 10:36am
Correct, so whatever RECO is trading for at that moment, multiply it by .046, and that is what the ROE share price would be at if the aquisition were to go through at that moment.