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Posted on 7/24/24 at 7:26 pm to slackster
quote:
Is it though? Their bags got a little smaller but are about to be turned into realized losses…
They are getting taken out, if not for the sale who knows if they make it as a company.
Posted on 7/25/24 at 7:07 am to whodatigahbait
I went ahead and sold off my shares at .95 cents. Was there any reason to wait other than that .05 cents difference? Tax reason or other potential benefit? Trying to learn I’ve never had this happen before to one of my stocks
Posted on 7/25/24 at 7:22 am to Pierre
quote:
I went ahead and sold off my shares at .95 cents. Was there any reason to wait other than that .05 cents difference? Tax reason or other potential benefit? Trying to learn I’ve never had this happen before to one of my stocks
About 1 of 3 things could happen:
1.) the deal falls through and you made out with a lot more than anyone else waits for the $0.05
2.) sale goes through as is and you miss out on $0.05
3.) another bidder comes in and the price increases to maybe $1.10-$1.20/ share
Personally, I’m holding out for that $0.05 with a sell all at $1.20 if somehow it does run up to there
ETA: this is not financial advice
This post was edited on 7/25/24 at 7:24 am
Posted on 7/25/24 at 10:44 am to rowbear1922
quote:
About 1 of 3 things could happen:
1.) the deal falls through and you made out with a lot more than anyone else waits for the $0.05
2.) sale goes through as is and you miss out on $0.05
3.) another bidder comes in and the price increases to maybe $1.10-$1.20/ share
Personally, I’m holding out for that $0.05 with a sell all at $1.20 if somehow it does run up to there
ETA: this is not financial advice
Good summary. Also not financial advice but generally speaking, in a transaction like this one where they publicly announced a strategic process and then announced the transaction, the deal was pretty well marketed so the odds of a topping bid coming in are low.
Posted on 7/25/24 at 11:06 am to rowbear1922
Thanks for the info. Appreciate it!
Posted on 7/25/24 at 4:39 pm to whodatigahbait
quote:
Good summary. Also not financial advice but generally speaking, in a transaction like this one where they publicly announced a strategic process and then announced the transaction, the deal was pretty well marketed so the odds of a topping bid coming in are low.
I agree, but I previously worked for a publicly traded company that announced it was selling and going private (was $15-16 /share prior to announcement, announced sale would make it ~$23 /share). After the announcement, a few other companies apparently came in. They would end up selling to the original bidder but at $30 /share.
Posted on 7/26/24 at 10:19 am to rowbear1922
quote:
I agree, but I previously worked for a publicly traded company that announced it was selling and going private (was $15-16 /share prior to announcement, announced sale would make it ~$23 /share). After the announcement, a few other companies apparently came in. They would end up selling to the original bidder but at $30 /share.
It happens but generally not when the process was made public prior.
Tellurian announced they were for sale, 99% of the time you won't see a topping bid.
In the case of your company they probably didn't run a process and only had talks with one buyer, Tellurian ran a process and probably talked to 50 interested parties.
Posted on 10/7/24 at 6:20 pm to whodatigahbait
Shareholders approved the buyout and the price is at $1 the sales price. Is there any reason to holdout for another higher offer? If not is it better tax wise to get out now or wait for the sale to go through
Posted on 10/8/24 at 6:54 am to Pierre
Someone may know better than me, but tax wise it won’t matter if you sell
Now or wait for the full sale to go through. Only different is you’d have less gains ($0.9976 vs $1).
I believe it will be settled this week from what I’ve seen elsewhere
Note: this is not financial advice
Now or wait for the full sale to go through. Only different is you’d have less gains ($0.9976 vs $1).
I believe it will be settled this week from what I’ve seen elsewhere
Note: this is not financial advice
Posted on 10/8/24 at 8:20 am to Pierre
quote:
Is there any reason to holdout for another higher offer?
I think it is more likely for the deal to fall through, than for a better offer to come in.
And the only thing that could make the deal fall through is some complete black swan type event like an asteroid hitting the facility,.
Posted on 10/8/24 at 4:41 pm to whodatigahbait
I ended up selling all my shares today at $0.999 /share.
Would have only been $14 additional dollars to continue holding.
Would have only been $14 additional dollars to continue holding.
Posted on 10/8/24 at 5:38 pm to rowbear1922
Thanks. Guess I’ll sell also
Posted on 10/8/24 at 6:22 pm to Bussemer
Tellurian was always a scam
Posted on 10/9/24 at 7:27 am to Crescent Connection
Some of you boys been holding for awhile at $3-4/ share
Posted on 10/9/24 at 7:32 am to baldona
$0.72 / share avg until yesterday
Posted on 10/10/24 at 10:53 am to Crescent Connection
Fool me once, shame on you. Fool me twice shame on me.
As of today I am a proud shareholder of 700 shares of Woodside Energy.
As of today I am a proud shareholder of 700 shares of Woodside Energy.
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