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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (1897)2/18/2002 1:06:58 PM
From: TheBusDriver  Respond to of 39344
 
more help for dummies:

<<We would get liquid GLG shares which could be held or sold in the open market.>>

I see. OK. For the sake of education, let's say GLG takes over MFL with the 1.2 shares for each MFL share. Let say I hold 1000 shares of MFL. So I get 1200 shares of GLG. How long, once the process is started does it take to actually convert my MFL shares to GLG?

I would assume as soon as GLG make it's intentions known that MFL share price would zoom?

Wayne


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