UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next
Author: FoolishRat5 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 43  
Subject: Re: how do the warrants work? Date: 5/7/1998 12:17 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
when issued you will own 100 shares of gsb and 100 shares of warrants. Once in the aftermarket they will trade like normal stocks. They will be valued based on what people believe gsb will receive in damages (minus lawyer fees and expenses), from the government, multiplied by 85%. I don't know where or why they are keeping 15% for the company but it this(15%) should boost the price of gsb's stock.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Apple

Wal-Mart Nixes Apple Pay
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement