Just when I think it's time to let this go, BANG 6 million shares traded at an average $2.99
5m shares in a special cross trade (S3XT) at $2.99
Another 1.8m shares in the BUY queue at $2.98
I can understand sellers grabbing the cash now for a 1 or 2 cent discount, but nobody is going to BUY millions of shares to make a lousy 1 cent, even though it's guaranteed in 2 weeks.
There MUST be more to this story.
Mittleman obviously voted YES/YES, but he could still very well take them on in court. Even if you backed out the VRC votes as ineligible on Scheme B, it still gets up - I'm confused about it all, but will watch with interest.
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