I am amazed that massive hedge funds would pay MOS holders up to 17 cents. What do they get out of this? I am really pleased for MOS holders, though, to get that. But why would anyone pay >15c for a 15 share? Why didn't they just buy AGL? I would have thought the hedges would have gone in hard to get extra on their MOS shares. None of this makes sense to me.
Disclosure: former MOS holder, sold for 16c.
I am amazed that massive hedge funds would pay MOS holders up to...
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