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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 SimplyRunRigon Nov 04, 2017 12:45pm
127 Views
Post# 26906063

RE:RE:AXY's Shareholders' New Dividend Yield

RE:RE:AXY's Shareholders' New Dividend Yield
RDK241t wrote: BoldForbes

sorry if this is a stupid question but how
are we guaranteed 8.25 per share once we switch
over to Innergex.


You are only guaranteed that the value was $8.25 when the deal was made. Did anyone watch  the buyout of ICG (which I think will be nothing like this one)? That deal was valued around 500M when made, but then the purchasing company tanked 40 or 50%. The shareholders that sold shortly after the announcement made out the best. Again, I really don't believe this will be anything like that, I'll be happy if INE shares stay in the $14 range for now, INE seems to be a stable company, the SP seems to be holding, I'll just wait for my new shares, thank you.
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