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Фиат СПА Адс Message Board

  • t0415pb t0415pb Jul 18, 2014 12:11 PM Flag

    Fiat Chrysler to list 750.5 Mil shares NYSE for $5.03 each

    according to an article in the Wall Street Journal, published July 3, 2014 and authored by Christina Rogers

    Sentiment: Hold

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    • The article was to mislead the American investor so their cronies could steal your shares. The wise guy said: never believe what you read in newspaper and believe only half of you see.
      "Voting terms

      Investors will receive one FCA share for each Fiat share they hold. Most will also be eligible for the special voting shares, which will not be listed or traded.

      Shareholders who vote against the merger are entitled to cash exit rights of 7.727 euros ($10.54) per share.

      The carmaker expects challenges in creating enough liquidity for its shares in the U.S. market, which will be complicated by its shares also being listed in Milan. U.S. trading volumes of Fiat's sister company CNH Industrial remain tiny eight months after listing on Wall Street."

      Sentiment: Strong Buy

      • 1 Reply to livefromnewyork1958
      • I still have all my shares and I voted them "for" yesterday. The post below was asking for a "link" to the article quoting that $5.03 share price. I was unable to post the link so I updated the information with this new post. That miss-information was pretty annoying, especially from the Wall Street Journal. oh, well...lMy position is HOLD, I am all in! I retired from Chrysler and I think Sergio is amazing! If I had more $$ I would be a STRONG BUY lol

        Sentiment: Hold