n***@gmail.com
2008-11-25 04:48:50 UTC
If Miley5.net continues with its decision to float on the stock
market, failing economic conditions shouldn't affect its ability to
raise its 250,000 required shares. In fact, because of the talks of an
AOL Time Warner buyout of a 15% stake, the Company can almost be
certain it will be purchased out correctly.
The worry however, of course, is the volatility of the shares. Because
we are in a time where shares are dropping so quickly, if shareholders
did buy in to gain the $0.30 gain per ordinary share, and pulled out
straight away to relinquish its capital gains, this could mean an
instantaneous drop in share price, which would be damaging for the
Company.
market, failing economic conditions shouldn't affect its ability to
raise its 250,000 required shares. In fact, because of the talks of an
AOL Time Warner buyout of a 15% stake, the Company can almost be
certain it will be purchased out correctly.
The worry however, of course, is the volatility of the shares. Because
we are in a time where shares are dropping so quickly, if shareholders
did buy in to gain the $0.30 gain per ordinary share, and pulled out
straight away to relinquish its capital gains, this could mean an
instantaneous drop in share price, which would be damaging for the
Company.