OTCPK:EUCTF - Post by User
Comment by
shawshankon Sep 16, 2015 11:08am
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Post# 24108599
RE:RE:RE:RE:Odd trading
RE:RE:RE:RE:Odd trading
no...current valuation is reflection of the cash injection and below par value if considering cash already on hand.
Rowland's has not been able to pontificate on the deal with SICPA other than what he has refrenced in public disclosure format alread-in order to not jepoardize or front run for that matter
the inner workings of the final details of what the final Definitive Agreement between Eurocontrol and SICPA will look like.
What we had in the LOI was a basic framework of agreement between the two parties to move toward more talks/negotiation/final number crunching and legal language to move to the DI announcement/agreement pending.
There is of course always the possibility the deal with SICPA in the final wording and legal drafting was not copacetic the first few times around and had to be re framed to meet both parties legal teams expectations....or that the deal may fall apart if such agreement could not be reached in the timeline and an extension issued in a NR format or just falls apart completely.
However...I personally do not see that happending and a NR by end of this week early next
put out to closing to the DI status accordingly.
So stay tuned.
SS
Koast2coast wrote:
Is the current price not already priced at the deal becoming definitive ?