Back in scenario
posted on
Jul 10, 2012 12:00AM
Hi all, I rarely post but read this board daily, and need some clarification on something: if teck didn't buy us out (even though there are many good arguments here that suggest this all but a done deal), and they back in 75%, what would that do for our sp? I, like many of you, have been patiently waiting, but I am overextended financially as i have been picking up more and more shares in Cuu because it seems to me to be as close to a sure thing as there is out there...but I do have expenses coming up and need to liquidate some of my shares in the fall...obviously I am just hoping to hang on as I have for the past 1.5 yrs for a buyout or dividend, but if teck only backs in, what would realistically happen to our sp?
Thanks in advance,
Spitfire