They’ve got something nice in the oven
$Exela Technologies (XELA.US)$ would a company raise their buy back price more if they felt those shares weren’t gonna be worth more real soon
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
huatSG : the buy back was $1 right? now increased to 1.25.
Ricardo Herrera OP huatSG : Correct. At bare minimum by mid march it will be at 3 bucks which is more then triple the current price but with a partnership with Apple I could jump to 10 over night. I’m not a financial advisor. This is all speculation so take my words as an opinion only.
toomanyscammers : Does it mean we can sell our shares to them or sumthin
Ricardo Herrera OP toomanyscammers : Yes
toomanyscammers Ricardo Herrera OP : Oh but we have to fill up a special form, not through the stock market yea?
toomanyscammers toomanyscammers : But it means we can only get the amounts back in 2029? Lol they might default on the notes too I suppose?
Ricardo Herrera OP : No, tell momoo or whoever youre trading with that you want your shares tendered for the 1.25 buyback from XELA . Now they have to be tendered in groups of 20. What that means is if you have 505 share than can only tender 500 and you have to sell the 5 or hold whatever you want to do
Ricardo Herrera OP toomanyscammers : Lol no your payout is 15 business days after the 24th
Kissshore : Hi Guys what will suggest whether we need select or non selective or default? Appreciate your help
toomanyscammers Ricardo Herrera OP : hey bro, but it says the senior unsecured. otes mature in 2029 only, which I take to mean that we can cash out the notes for 25usd only then hey?