Posted On: 08/28/2015 12:22:09 PM
Post# of 11038
Re: stockslayer #496
You are assuming too much IMHO. Complaints are biased. Who says they erroneously charged COR? It is quite possible they were short and are using the excuse that those shares were "ineligible" for a dividend as a way to point the finger to someone else. They did initially say that DTCC would be liable if they distributed the funds but it was likely DTCC that determined due bills should be attached to those shares as well (because they were short otherwise I don't see why they would have).
COR is trying to say that those "extra" shares wouldn't have received a dividend in the first place which IMHO is not entirely correct. Had COR/clients retained the shares, Calissio would have to put up more money to send for extra shares they did not purchase back prior to the ex-date!
At least these 2 people get it....
COR is trying to say that those "extra" shares wouldn't have received a dividend in the first place which IMHO is not entirely correct. Had COR/clients retained the shares, Calissio would have to put up more money to send for extra shares they did not purchase back prior to the ex-date!
At least these 2 people get it....
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PLEASE READ IF YOU READ MY POSTS
I invested in Calissio Resources Group because I considered the financial statements warranted an investment. For every reader here that has been paying attention to my posts, please note the following:
1) I am not licensed to give investment advice. Everything expressed here is an opinion of my own for discussion purposes.
2) The only thing I know about the upcoming merger is that typically they are good for investors. A premium is typically offered when companies go private from what I understand. I certainly was and still am an investor before this announcement was made.
3) Finally, regarding the current OS, while there is lots of conjecture, I must rely on the only available information out there which has been presented in PRs. Therefore, OS as of the last PR was 242m. Consequently, I don't believe there is reason to believe I am a majority holder, despite recent purchases, without making a large degree of assumptions.
If anyone is wondering why I am posting this, it is because I want to make sure no one misinterprets my posts or considers I have any intent on the board other than to share potential ideas/speculate on possibilities.
I invested in Calissio Resources Group because I considered the financial statements warranted an investment. For every reader here that has been paying attention to my posts, please note the following:
1) I am not licensed to give investment advice. Everything expressed here is an opinion of my own for discussion purposes.
2) The only thing I know about the upcoming merger is that typically they are good for investors. A premium is typically offered when companies go private from what I understand. I certainly was and still am an investor before this announcement was made.
3) Finally, regarding the current OS, while there is lots of conjecture, I must rely on the only available information out there which has been presented in PRs. Therefore, OS as of the last PR was 242m. Consequently, I don't believe there is reason to believe I am a majority holder, despite recent purchases, without making a large degree of assumptions.
If anyone is wondering why I am posting this, it is because I want to make sure no one misinterprets my posts or considers I have any intent on the board other than to share potential ideas/speculate on possibilities.
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