Post by
Silence001 on Mar 26, 2018 4:18am
What will happen to newalta stocks?
from what ive read about the tervita buyout the stocks for newalta will be traded in for .1467 tervita shares. This cant be true, can it? Shareholders stand to lose serious money on this deal!
Comment by
mark775 on Mar 26, 2018 9:59am
0.1467 of one common share of New Tervita ("New Tervita Shares") new tervita shares would have to be about $86.0 per share
Comment by
compsys68 on Mar 26, 2018 1:59pm
Notsure what your calculations are. the new company will be 10X the size as current NewAlta, would love you know how your got to 86.00 / share
Comment by
compsys68 on Mar 26, 2018 2:52pm
this Deck should explain a lot about what is going on going forward..... https://seekingalpha.com/article/4153375-newalta-nwltf-merge-tervita-slideshow#
Comment by
compsys68 on Mar 26, 2018 3:25pm
I think that you slipped a decimal place when doing your calculations. 8.5888 should be the min opening price.