posted
man, this baby is a great stock, this run and gonna see alot more, then when the PR comes out...wow...the next few weeks are gonna be awesome..!
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Hey rules, if the buyout was $2, would they buy our shares out at $2, or $2 on top of the existing share price? Eg. pps$1.50+$2.00=$3.50?
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quote:Originally posted by mototrader79: Hey rules, if the buyout was $2, would they buy our shares out at $2, or $2 on top of the existing share price? Eg. pps$1.50+$2.00=$3.50?
First, let me state that the CEO wants to see the value be at least $2.00 from those who have spoken with him recently.
Second, the company offer that I read in their PR, it basically states the offer is for all of the shares + 10% over! It is not known what the offer on the table is.
Third, if you read back thru a few pages, you will see that NDOL should be priced much higher and has the potential to be trading several dollars more than where we are at. Extremely undervalued and still a bargain at any price if you do your own DD!
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quote:Originally posted by Rules: Imagine if we continue the NVAO trend from .05 to $9.00 + per share in less than 7 trading days????
That'd be awesome. Its doing great today. I'm staying long and strong. I can't see how anyone would sell with all the potential this thing has.
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quote:Originally posted by mototrader79: Hey rules, if the buyout was $2, would they buy our shares out at $2, or $2 on top of the existing share price? Eg. pps$1.50+$2.00=$3.50?
First, let me state that the CEO wants to see the value be at least $2.00 from those who have spoken with him recently.
Second, the company offer that I read in their PR, it basically states the offer is for all of the shares + 10% over! It is not known what the offer on the table is.
Third, if you read back thru a few pages, you will see that NDOL should be priced much higher and has the potential to be trading several dollars more than where we are at. Extremely undervalued and still a bargain at any price if you do your own DD!
I didn't hear about the 10% on top of the share price. Is this what you mean, 10% in addition to the buyout price?
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Rules - the offer is for 100% of the shares and they said they would buy up to 10% of the outstanding in the open market. If the buyout offer is $2 per share and it's approved, that's what they pay for it.
Little dip here, might be the best buying opp for the rest of the day?
quote:Originally posted by Baxt06: Rules - the offer is for 100% of the shares and they said they would buy up to 10% of the outstanding in the open market. If the buyout offer is $2 per share and it's approved, that's what they pay for it.
Little dip here, might be the best buying opp for the rest of the day?
quote:Originally posted by Baxt06: Rules - the offer is for 100% of the shares and they said they would buy up to 10% of the outstanding in the open market. If the buyout offer is $2 per share and it's approved, that's what they pay for it.
Little dip here, might be the best buying opp for the rest of the day?
glta
This is what I thought.
Which basically means they would pay 100% of the offer and then use 10% of that deal to purchase the stock in the open market. So if it is $2 then we get $2 per share of what we own. NICE
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Not exactly, they are buying up to 10% before the buyout. Then with the buyout, they would basically be buying their own shares back, which would save them money assuming the buyout is above the price they bought the shares at.
quote:Originally posted by Baxt06: Not exactly, they are buying up to 10% before the buyout. Then with the buyout, they would basically be buying their own shares back, which would save them money assuming the buyout is above the price they bought the shares at.
Anyways...this stock is going up, that's what's important!
I personally think they will buy more than 10% before the buyout. I have worked on deals like this, and I have seen where they have purchased up to 30%. This is more cost effective for them.
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so if the buy out comes and the offer is in the $2 range, what if we dont sell..? we can keep the shares we currently have and wait for the stock to go higher right.?
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quote:Originally posted by Baxt06: Not exactly, they are buying up to 10% before the buyout. Then with the buyout, they would basically be buying their own shares back, which would save them money assuming the buyout is above the price they bought the shares at.
Anyways...this stock is going up, that's what's important!
Actually, that is what I meant. That they are basically buying out all of the shares for whatever the set offer price is. Either way, we WIN
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quote:Originally posted by weekendwarrior: so if the buy out comes and the offer is in the $2 range, what if we dont sell..? we can keep the shares we currently have and wait for the stock to go higher right.?
No, you tender the shares at the buyout price. The symbol will go away. It's kind of like them going private.
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Considering that over 80% of the stock is owned by the company, I don't see why a buyout would mean float would be bought. They don't need our shares, but we should still benefit from the buyout price.
[ April 17, 2006, 11:48: Message edited by: Thorn ]
-------------------- May your trading build your character as well as your portfolio.
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Because a buyout means you buy the whole company. Then, as invester mentioned, it will be a private company (or subsidiary of a public, if a public company is buying them).
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All that is needed in a buyout is to buy control of the company = 51% of controling stock, unless the controling owners of NDOL require that the buying company buy 100%.
Why would a company bother to buy 100%?
-------------------- May your trading build your character as well as your portfolio.
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Because they think it's undervalued and they want 100% of the assets, profit, etc... not 51. Or because they want to be a private company. There are a number of possibilities.
It would also probably end up costing them a lot more to acquire 51% (supply goes down, price goes up) in the open market and take a lot more time.
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other oil/gas/ethanol plays on these threads are trading at 8 to 10 times projected revenues with simalar O/S, we are trading at less than three quarters projected 1st year revenues and second year revs will be mutch higher! imagine this trading where the others are! we would be over five bucks!!. if they can do it so can we!. can you imagine!!
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