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OVERSEAS SHIPHDLG Message Board

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  • mawsii1 mawsii1 Nov 28, 2011 10:17 PM Flag

    close to 9% dividend now... where is the take out offer

    Doesn't make sense...having both long and short you are going nowhere. Still requires huge amounts of capital, and both want the grow equity. Why buy so much stock every month, for what...either the worst investor I've ever seen or the worst timer..or knows exactly what he's doing and close to gaining enough control for a private Take out. A tender might only require an offer for 10 million outstanding shares. 3 people/hedge funds now control close to 25% of the outstanding shares

 
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