Post by
redsky2 on Dec 18, 2009 1:33pm
1 Bravada for 10 Bravo ?
That's a bit cheap isn't it? I'd prefer 1 for 5!!! Come on guys, treat the shareholders right! RS
Comment by
kerbacious on Dec 18, 2009 6:11pm
It creates a new company with a tight float........They will then finance to dilute..lol.....My guess recent drop from 45 to 40 should take into account most of the spinoff..Effectively a 4 cent distribution..i doubt any releases of news until New Year now....
Comment by
redsky2 on Dec 18, 2009 9:30pm
OK .Thanks ,Kerb. I cracked a smile and a laugh.I like the deal.Something tells me I'll be buying more! Those were great drill results weren't they? GL .........RS
Comment by
onbradley on Dec 19, 2009 3:01am
Management isn't perfect but is far smarter that some estimate. They set the record date to the last day to stem tax loss selling. Sure someone can sell in Jan, but no tax loss advantage. Plus, shares are usually cheap then, so good time to buy.