Spectral Medical Inc T.EDT

Cash or swap?

[PezDalatoYou]

Over the years there have been many estimates given on here as to the market value of EDT given the value of its current/pending approvals, sales estimates, shares o/s, etc. These valuations (at least in my mind) were based on a cash payout based on the outright purchase of EDT by a large suitor such as Baxter or DaVita. Is this realistic or would the suitor simply swap shares? In the event of a stock swap, would the purchase value tend to be higher, simply because cash is king, and what would the premium be for a stock swap vs cash given a fair market value for EDT?

[PezDalatoYou]

Doing some quicky math, one Baxter share for every ten EDT shares seems about right. ; - )

[Domino55]

I'm confident that your proposed swap would easily pass especially with the current reluctance to pay 30 cents/share

[Accountprince]

Dom and Pez - you made me look so here goes.  Baxter shares trading at close to US$80 each or $100 Cdn equivalent.  Pez says 10 Spectrals per 1 Baxter so $10 Cdn per Spectral share. That's always been around the value I had for Spectral.  So I'd have to agree with you gents.  

[Domino55]

AP- I'd be happy with $10. Right now we are looking upwards 10% to 32 the cent option grant so I'm pretty confident that everyone else would as well.

[oilandgasman]

$10 ?????  I'd be happy with $2 and getting away clean at this point.

[hmmmmmmmm]

I've got to believe that was some April Fools joking. But maybe Dom actually believes that DaVita is interested enough to hand out 2B for DIMI- but not interested enough to make a couple dialysis techs available for 6 weeks for the tiny 35 person trial...

[Domino55]

Wrong again HMMM. I'm thinking 1 Bil for all of  Dialco. Maybe Davita or perhaps someone else.

[oilandgasman]

Touche!  hummmmmmmm.