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Bullboard - Stock Discussion Forum Scorpio Tankers Inc STNG

Scorpio Tankers Inc is a Monaco-based provider in the transportation of refined petroleum products. The Company involves in the oil, seaborne transportation of refined petroleum products from the tanker industry to the international shipping markets. It operates through four segments: Handymax, MR (Medium Range), Long Range 1 (LR1)/Panamax and Long Range 2 (LR2)/Aframax. It consists of 113... see more

NYSE:STNG - Post Discussion

Scorpio Tankers Inc > Company options announced first day-
View:
Post by jimbo37 on Mar 07, 2021 12:15pm

Company options announced first day-

They did not waste any time- I guess its just the insiders that are assured the money making and us slobs take our chances.
Comment by HIGHonLITHIUM on Mar 07, 2021 1:22pm
Options? I don't see any option announcement? Options would have to be announced. I think you have your companies mixed up jimbo unless I'm missing something?
Comment by paydirtontario on Mar 07, 2021 3:12pm
This deal never went threw as a Spinout but rather got logged as a merger on the exchange. Called the exchange myself to find out the filings perticulares. Not that it's a bad thing but it was no Spinout as announced and options and dilution are par for the coarse . I was happy with my merger shares but not overly excited as this is something I must add purchasing power with to make a sh't ...more