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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (559443)4/7/2010 3:33:48 PM
From: tejek  Read Replies (1) | Respond to of 1576340
 
> GM owes an additional $45.3 billion to the government. That will be repaid when GM makes a public stock offering, which Liddell says will happen "when the markets and the company are ready."

I wonder how much GM thinks they can raise by selling more shares. GM's market cap peaked at $60B back in 1999. This was with $176B in annual sales and profit margins of 12.6%.

Currently there are no shares.



To: Tenchusatsu who wrote (559443)4/7/2010 3:34:33 PM
From: longnshort  Respond to of 1576340
 
when the gov buys GMs shares for you out of your tax returns, they might raise quite a bit


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