But let face it - given that this is according to beagle analytics such a terrible stock, why would they want to buy at $1.15 - or at whatever price? Something does not compute ...
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Maybe you should ask them but here's a possible theory. Maybe they will figure because it'll be the only stock left in the sector shortly trading at NAV (with MET about to disappear) ? What could possibly go wrong buying a retirement stock at net assessed value :D...or could it be the yield in this ultra low interest rate environment...who knows what institutions and others might be thinking or whether they're thinking at all and just reallocating MET money within the same sector ?
Been offered at $1.20 .No thanks.
Do minority shareholders have ANY rights in a share placement scenario, or do we have to just bend over and take it...