Aurelian Resources Was Stolen By Kinross and Management But Will Not Be Forgotten

The company whose shareholders were better than its management

Free
Message: Short Position
Reply New Message
Prev Message Back To Forum Threaded View Next Message

1st we don't know the 11 mill. short as of what date. A short position has the effect of increasing the number of shs. outstanding. So you could say the float is 46 mill. Is it possible K could lend some of the 15 mill. PP at $4.75 to the shorter & those purchasers could then deliver to the tender offer. Maybe that's why Tye appears so confident of getting 90% of 110%??

Regards

Joltin

2 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply