GREY:MGMCF - Post by User
Post by
shambano1on Feb 28, 2014 2:22pm
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Post# 22265600
POU MGX share exchange
POU MGX share exchangeif POU is going to offer MGX shareholders a share exchange they will have to use the price of 44.60 for POU since that's the price of POU when they disclosed a takeover.
so using the 44.60 POU price we get 223 shares per 1 POU share and given the fact that POU is now trading at 45.50 we MGX shareholders are making money already.
maybe if we're good littloe boys and girls POU will give us 1 POU share per 220 or if we're special good 200 per POU share.
but only if we're really good boys and girls
I'm thinking a price of 0.223 is a good offer given all that we know.
and if they can strike a JV deal while the takeover is working though then all the better.
at least we have a put option to sell out shares back to POU and if you never know what will happen now that MGX has a guarantee.
maybe this is enough to secure new partners, you never know.
oh well, we shall see if this new taekover bait is good for catching a new JV partner???
I'm long and biased so DYODD