Post by
slamdunk on Jun 19, 2021 4:17pm
Coeur needs it's own Board approval
At the moment Coeur has a share outstanding cap at 300million The shares outstanding including the 12million printed for Orion stands at 265 million outstanding.
There is no SEC filing of the Board approving any raising the 300mill share cap -YET
IF Coeur gets out bid at 30.00 or doesn't get 50% of Board Coeur walks wit 178million
and Orion doesn't get its 75% of spread, about 140million.Thats incentive
Comment by
OCB1234 on Jun 20, 2021 5:10am
This post has been removed in accordance with Community Policy
Comment by
slamdunk on Jun 20, 2021 7:42am
Some choice editing as the last couple of setencesstates that Coeur would walk with 178 million in profit Orion would not get its 75% of that spread og 178 million.