You missed out big time and you are trying the impossible! Badmouthing ALU politely to bring it down to $3 where you sold it. Keep dreaming body but I am afraid that you will buy it again , very shortly, for over $5:30 a share. Make up your mind and swallow your pride and buy it today at $4:30
Here's what he said in an interview in a telecommunications conference in Barcelona today(11/22/13):
We have not looked at Alcatel-Lucent assets,” Frykhammar said in an interview. “Our strategy is based on organic development. Of course when assets come to the market we have an obligation to our shareholders to look at them. As far as I know, Alcatel-Lucent assets are not for sale.”
CORPORATE EVENT NOTICE: Capital increase with preferential subscription rights
MARKET: EURONEXT PARIS
ALCATEL-LUCENT decided to proceed to a capital increase through an issue of new shares with
preferential subscription rights. The purpose of this notice is to describe the main terms of the issue.
1 - Main characteristics of the ordinary shares issue (ISIN code FR0000130007)
Maximum number of shares to be issued 454,722,512 new shares, which may be increased u
p to 460,000,000 new shares in the case of creation
of shares as a result of the exercise of stock-options
or rights to receive shares attached to certain securiti
es giving access to the capital of Alcatel-Lucent
Issue price 2,1 EUR per shares
Dividend due date Immediatly fungible with already listed securities
Subscription ratio 8 new shares for 41 rights
Oversubscription (on a reducible basis) Applicable
Subscription period From 19/11/2013 to 29/11/2013 inclusive
Default option Rights not exercised by the end of the subscription p
eriod will expire.
Centralizing agent Caceis Corporate Trust
Legal documentation: The Prospectus filed with the AMF on November 3, 2
013 under filing number 13-583
FTT Yes, see section 6
If, on November 15, 2013, more than 27,047,098 shares are issued following the exercise of stock-options
or rights to receive shares attached to certain securities giving access to the capital of Alcatel-Lucent, the
subscription ratio of 8 new shares for 41 existing shares would be modified prior to the detachment of the
preferential subscription rights.
2 - Right distribution
Record date 18/11/2013
Payment date 19/11/2013
End of trading of the subscription right 29/11/2013, at the end of the trading session
Right ISIN code FR0011621937
3 - Purge of order book
Cancellation of orders 18/11/2013 at the end of the trading session
Orders to be renewed 19/11/2
BofA Merrill Lynch and J.P. Morgan have today been instructed by JPMorgan Chase Bank N.A., acting as Depositary, to launch a private placement to institutional investors of up to 660,428,201 preferential subscription rights (ISIN code FR0011621937) attributed to the shares of Alcatel Lucent (Euronext Paris and NYSE: ALU) deposited with the Depositary and represented by American Depositary Receipts.
The private placement to institutional investors will be made through an accelerated book building process carried out on a reasonable endeavours basis, in accordance with an agency agreement by and among the Depositary, BofA Merrill Lynch and J.P. Morgan, and Alcatel Lucent.
The placement is led by BofA Merrill Lynch and J.P. Morgan acting as Joint Bookrunners.