Fri, Nov 28, 2014, 1:25 AM EST - U.S. Markets open in 8 hrs 5 mins

Recent

% | $
Quotes you view appear here for quick access.

AuRico Gold Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • letthemeatipads letthemeatipads Dec 28, 2012 3:49 PM Flag

    Tender Offer

    A tender price lower than 8.30 would make sense.

    At this point, lets look at the situation: buying at 8.30 actually destroys shareholder value (direct transfer from holders like you to traders). That value (between where people are buying and where they will tender) doesn't magically appear -- it is taken away from the company's value.

    If they bought back at 5.50 or 6 maybe the situation would be different, but the stock will fall like a rock after the tender offer.

 
AUQ
3.74-0.15(-3.86%)Nov 26 4:05 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.