At $12.00 we are getting screwed.Figure it out ,cash on hand is $6 hundred million and that is before money
is received for AliBaba.
so the first offer was $11.75 - the dividend that probably would be payable if there was no offer would be in the $0.23 per share. This offer is essentially the first offer plus the current dividend?
I hear ya. But, buying in the mid-$3 and low $4 area has given me a good return so when that goes through I will be able to put that spec money into something a little more 'stable'.