SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Magellan Aerospace Corp (MAL) New Listing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: panda-man who wrote (621)6/16/2000 1:00:00 PM
From: worldtraveller   of 633
 
I am not sure what their plans are. The reason for buying the shares was for "investment purposes". Typically a stock trades below the offered price unless the market believes that another higher bid is possible. Seeing that Heroux has a large majority of shares committed to them, I would believe that Magellan would sell their holdings to them, gaining a few cents per share in profit. I am confused at the real purpose of buying the stock!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News