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clock Created with Sketch. 27/06/16
22:23
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Originally posted by JetBlue
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When you are a major shareholder (MSH) in a Company, as Cairnglen has been at NAGs, then you are often in a position of being able to obtain shares at a discount to market, say 15% to maybe 20% below SP ... and obtain large volumes as well. This is a common way for small co's to raise capital and a good deal for both the co & the major shareholder.
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Funny how if you've got $Millions to play with all sorts of things open up to you;
Last edited by
AntN :
27/06/16
