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Gold/Mining/Energy : Nuinsco Resources (NWI) -- Ignore unavailable to you. Want to Upgrade?

To: Enigma who wrote (302)1/25/1999 8:37:00 AM
From: Gord Bolton  Read Replies (1) | Respond to of 5821
 
I think that in the event that an unacceptable offer is made the pill is used and the number of shares is doubled. So if the offer was made at $5.50 per share the offerer might have to swallow twice as many shares at that price.



To: Enigma who wrote (302)1/25/1999 8:47:00 AM
From: Rocket Red  Read Replies (1) | Respond to of 5821
 
DoubleD
It seems to me that if this plan ever happened there would be double the shares yes but the buyer would have to pay the price for eg.if nwi was 4bucks the suitor would have to pay 4bucks for all shares.
I could be wrong but i think thats how that works.


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