RE:RE:RE:TermsSorry, don't mean to be ticky-tack but wouldn't that be 11.1% downside? 5c/45c = 11.1%
skibum45 wrote: That pretty much sums it up John. Fully diluted share count from MD&A is 60.6 mil. The earnout is calculated based on 2.74737x(EBITDA for the year following close-18 mil). My math says, considering the fully diluted share count, that the max of $0.45 earnout is reached with an EBITDA of about $28 mil. .... seems doable to me. I actually bought some more at 0.95 today. Seems worth the 5% downside to me. Regardless, will be good to collect the 0.90 in June, and then just watch with zero risk after that point.