RE:RE:RE:RE:RE:closed really well
Tan4646 wrote: If shares were issued to Star2Star beginning April 28th in increments over 14 quarters wouldn't that bring down the total acquisition cost given that stc shares have been trading down over the last year.
Am I missing something.?
Yes, but the balance sheet is still going to record the transaction at the purchase price on the closing date. The market will determine if the shares will trade above or below original costs. In the case of Sangoma, the market is suggesting that Sangoma's market value is below the company's book value or original costs.