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Message: WHY DOES ROYAL BANK OF SCOTLAND WANT IN ON SHARES ?

WHY DOES ROYAL BANK OF SCOTLAND WANT IN ON SHARES ?

posted on Dec 31, 2008 10:39AM

The extra shares issued in the deal are common not preferred,25% over issued shares or an extra 2,300,000 so what would be the point of the bank wanting them , if they will be worthless? they already have 1st right to the desposed assets, you would think ! and what of the statments of perfomance extras ?

who knows? but their still is activity at the shelly, not shutting down soooo!!

saskoil

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