(Total Views: 365)
Posted On: 06/12/2019 4:40:06 PM
Post# of 154142
Yeah, the statements about the TO were not very clear/helpful.
"...Right now, the first 10M, I will be able to tell everybody, we just saved you, the shareholders, 30M shares and we expect to get 30 or 40M hopefully, and if we do eventually get that much from tender offer, we will be saving 100M shares for shareholders."
The question is whether "eventually" is to be taken literally (pointing to an extension) or whether it doesn't mean anything at all and the TO is closed. We will see.
"...Right now, the first 10M, I will be able to tell everybody, we just saved you, the shareholders, 30M shares and we expect to get 30 or 40M hopefully, and if we do eventually get that much from tender offer, we will be saving 100M shares for shareholders."
The question is whether "eventually" is to be taken literally (pointing to an extension) or whether it doesn't mean anything at all and the TO is closed. We will see.
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