follow the $$$$$ on the TGA / EGY merger Re::S
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Posted On: 09/20/2022 9:16:01 AM
follow the $$$$$ on the TGA / EGY merger
Re::Stock options O/S at 6/30: 1.267 Million shares avg exercise price of $2.10
Mgmt exercised in 1st half of 2022 1.816 Million shares at avg price $2.25
Restricted Stock issued with $0.0 exercise price of 3.518 Million shares
If you assume a $3.15/share price at time of merger, it works out to benefit Mgmt by ~$14,165,000. If you exclude the shares already exercised, it is $12,349,000.
All this assumes that the normal deferrals of stock maturities are waived at the time of the merger and shares values in U$D.
jmho
VOTE NO AND HECK NO
you want to hear a joke
The EGY are getting a dividend this week ! What are the TGA stockholders getting ???
ZERO
and the golden shaft from CEO NEELY
JMHO
jmho
Read More: https://investorshangout.com/post/view?id=647...z7fQwsOP5y
Re::Stock options O/S at 6/30: 1.267 Million shares avg exercise price of $2.10
Mgmt exercised in 1st half of 2022 1.816 Million shares at avg price $2.25
Restricted Stock issued with $0.0 exercise price of 3.518 Million shares
If you assume a $3.15/share price at time of merger, it works out to benefit Mgmt by ~$14,165,000. If you exclude the shares already exercised, it is $12,349,000.
All this assumes that the normal deferrals of stock maturities are waived at the time of the merger and shares values in U$D.
jmho
VOTE NO AND HECK NO
you want to hear a joke
The EGY are getting a dividend this week ! What are the TGA stockholders getting ???
ZERO
and the golden shaft from CEO NEELY
JMHO
jmho
Read More: https://investorshangout.com/post/view?id=647...z7fQwsOP5y
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