Sat, Oct 25, 2014, 12:02 PM EDT - U.S. Markets closed

Recent

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

Meta Financial Group, Inc. (CASH) Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • rrtzrealmd rrtzrealmd Aug 21, 2012 12:55 PM Flag

    STOCK ISSUE

    ...first, anything that might enhance liquidity is almost bound to benefit the stock...

    ...second, the company was REQUIRED to raise capital levels as a consequence of the rapid growth of its MPS division...

    ...third, the buyers include Philadelphia Financial Holdings who already own close to 10% of the company's stock, Netspend whose purchase will probably put them to their maximum 4.99%, and JTH Holdings who will own almost 10% of CASH:

    http://www.sec.gov/Archives/edgar/data/907471/000114036112037694/ex99_8.htm

    ...notice that the purchase price was not determined by management per se but by the volume-weighted average price per share for the twenty days preceding the deal...

    ...overall, it looks like a very positive development that should enhance the company's performance and make it more attractive to investors...

 
CASH
37.30+0.23(+0.62%)Oct 24 3:59 PMEDT

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.