NP Energy Cp New Message Board

STOCKTALK

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 : NP Energy Cp New

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ken Sammut who wrote (15427)	3/25/1999 11:30:00 PM
From: Win-Lose-Draw	Read Replies (1) of 22810

$18.8M or more of stock for $4.7M is not a bad deal. If that is, indeed, the case, then it doesn't seem too bad. But where does the $1 "redemption price" fit into the equation? And later on in the PR it refers to the $1 "purchase price" of the preferred shares...? The way I originally read it, which I gather is wrong, is that NPEC needs to pay 1/4 the going rate of MDIN's (or just $0.25?) price plus $1/share. Which can still be a great deal if MDIN soars. I appreciate your attemp to unconfuse me, but I'm afraid a little fog still lingers! LOL.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next