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First Tidal Acquisition Corp T.AAA


Primary Symbol: V.AAA.P

First Tidal Acquisition Corp. is a Canada-based capital pool company. The Company is formed for the purpose of identification and evaluation of assets or businesses with a view to completing a qualifying transaction. The Company has not commenced any operations nor generated any revenue.


TSXV:AAA.P - Post by User

First Tidal Acquisition Corp > New share price estimates
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Comment by Jeremy2014on Apr 10, 2014 10:29am
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Post# 22434706

RE:RE:New share price estimates

RE:RE:New share price estimates The day I will have an idea about the total amount of the loan, I will adjust the calculation (I use the parameters of the FS). Regarding the P/E, one could argue that having ICL, and probably being backed up financially by IFC, AFDB and the Ethiopian government, will reduce considerably the risk. You are right for the 400 but I would not rule out the 500 million until we know more about the debt side of the financing. I could add 800 but you can forget about 1 billion shares, current major shareholders would not want that.

Anyway, feel free to provide your own share estimates.
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