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Gold/Mining/Energy : Coal -- Ignore unavailable to you. Want to Upgrade?

To: Taikun who wrote (56)	8/18/2005 8:57:50 PM
From: Chuckles_Bee	Read Replies (1) \| Respond to of 2058

I'm new here ...and to investing, ...so thanks to all those that have enlightened me with their posts. Now for the possibly stupid questions.... How does the IPO work exactly? If the IPO would be for about 31M shares(where did you find that number?), and the stated goal is $250 million(per the Q2 results statement), wouldn't that set pricing at about $8? ...and if so, what does that do to the current ICGC share holders with stock at $13.95? Would all the ICGC stock be converted to the proposed new NYSE symbol "ICO" at 1 to 1, or 2 to 1, or what? Thanks, Chuck.