(Total Views: 211)
Posted On: 09/09/2019 12:39:06 PM
Post# of 36568
Thanks busybee. Still that would mean that some of the $20M+ shares would need to be reissued for the purchase. So do we know how much GNBT is paying for the 51%? I would assume that the shares would be issued at the $2.50/share price, like other purchases and would not be entitled to the 1:1 dividend.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.
