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Special Diversified Opportunities Inc. Message Board

  • smaycs4 smaycs4 Nov 19, 2012 9:54 AM Flag

    Becker Drapkins June 29 buy at $1.18 suggests the shares are worth more

    Jun 29, 2012 BECKER DRAPKIN MANAGEMENT, L.P.
    Beneficial Owner (10% or more) 804,500 Indirect Purchase at $1.18 per share. 949,310

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    • Looks like their avg cost for the bulk of their shares is 2.107 per share.

      The smaller amount is at $1.4427 avg. (Becker personally ?)

      “Becker Drapkin QP and Becker Drapkin LP have acquired an aggregate of 3,295,304 shares of Common Stock, which are reported herein, in multiple open market and private transactions for an aggregate purchase price of $6,944,117.04 (excluding commissions). The source of funds for the purchase of Common Stock was the general working capital of Becker Drapkin QP and Becker Drapkin LP.

      Becker has acquired an aggregate of 161,639 shares of Common Stock and may be deemed, under Rule 13d-3 of the Exchange Act, to beneficially own 41,021 shares of Common Stock that may be acquired within 60 days of the date of the Schedule 13D pursuant to stock options, which are reported herein. The shares of Common Stock and related options were acquired in multiple awards from the issuer and open market transactions for an aggregate purchase price of $233,192.13 (excluding commissions). The source of funds for the purchase of Common Stock was Becker’s personal funds.”

 
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