Post by
Acuras1 on Dec 12, 2020 12:07pm
Common A share's premium......
Somebody knows a lot more about this $ spread than the rest of us!
All kinds of deals can be made and one of these could well be going private or, doing some sort of restructuring with additional backing from a hedge fund type of partner (as in what they ended up doing with BRP and Bain).
Of course I'm just speculating..........but.......it's got to be something close to that.GLTA
Comment by
johnney on Dec 12, 2020 12:16pm
Acuras1, i just hope not that their pieling up the B shares to convert them into the A, and once they have what they need, that they reverse split the remaining B on a 10for1, at these low prices, you know what i mean, hope not, but after the Alstom deal closed, they may do this, and won't ask our advice, be sure of that!
Comment by
johnney on Dec 12, 2020 12:18pm
Acuras1, for me, the differance between the A and B is not absolutally a coincidance!!
Comment by
Willy2k on Dec 12, 2020 1:15pm
I agree must be something else other then voting rights for price difference
Comment by
johnney on Dec 12, 2020 3:22pm
PabloLafortune, i hope not they are buying the Bs to convert them into the As, and once they have what they need, and that later on, after the Alstom deal closed, that they reverse split the remaining B, a 10for1, or take it privately at ridicoulous price!
Comment by
johnney on Dec 12, 2020 6:16pm
Pablolafortune, this company for the last two years for those who are long like me, has been a real pain in the A$$ for shareholders! Most investors won't touch this stock even with a stick 25 foot long!