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Alterra Power MGMXD

Alterra Power Corp is a renewable energy company. It is primarily focused on development, construction, and operation of renewable power projects. The company's business has four major segments - Construction and Development, Geothermal, Hydro, Wind, and Solar.


OTCPK:MGMXD - Post by User

Comment by RDK241ton Nov 02, 2017 1:16pm
79 Views
Post# 26895326

RE:AXY's Shareholders' New Dividend Yield

RE:AXY's Shareholders' New Dividend YieldBoldForbes

sorry if this is a stupid question but how
are we guaranteed 8.25 per share once we switch
over to Innergex. We are guaranteed $2.06 cash per share but
we receive .4172 of Innergex stock for every
common share of Alterra. If Innergex is trading low at
such time when Alterra stock switches over to Innergex won’t
we be getting less than $8.25? Again, sorry if my understanding 
of the deal is misunderstood. Thanks.

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