It seems to me that what they have done again is enhanced the majority position of the Cushing interests. The more shares they succeed in cancelling the higher the proportion Cushings own. I expect we are really funding their ultimate takeover. As I recall they have previously made an offer well under nta and suspect that will be the minority shareholders ultimate fate.
It is possible,then again we are all getting a bigger slice of the cake.
Originally Posted by 1leon
Reply With Quote
Bookmarks