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
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huatSG : the buy back was $1 right? now increased to 1.25.
Ricardo HerreraOP 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 HerreraOP toomanyscammers: Yes
toomanyscammers Ricardo HerreraOP: 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 HerreraOP : 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 HerreraOP 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 HerreraOP: 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?