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
26.83-0.18(-0.67%)10:12 AMEDT