GREY:SCNWF - Post by User
Post by
Blanket1on Dec 09, 2011 12:14pm
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Post# 19307547
Doing the math on possible share price
Doing the math on possible share priceAccording to the release Stream Canada will receive 27,276,000 zloty's for their portion of the sale.
One dollar = approx. 3.4 zloty's.
"IF" I'm doing my math correctly, Stream Canada will receive approx. $8,000,000 dollars? Based on what I see Stream Canada says they have in shares outstanding (approx. 81 million) this will equate to approx. 9 cents/share?
Anybody better at math then I am please feel free to jump in to see if I'm doing my calculations properly.
Thanks!