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Parent Capital Corp V.PAR.H

Alternate Symbol(s):  CEYFF | PTSRF | V.PAR.UN

Parent Capital Corp. is a Canada-based resource company. The Company is engaged in the evaluation, acquisition, exploration and development of resource properties. The Company is inactive and is engaged in seeking an asset to acquire.


TSXV:PAR.H - Post by User

Bullboard Posts
Post by stockeditoron Oct 16, 2015 7:43pm
125 Views
Post# 24200313

Some interesting facts:

Some interesting facts:
Using the balance sheet as of June 30,2015 we can see the following, Adjusted Unit holders equity would be 163,650,675...(Increment of 20,612,675 added to June 30 equity)............this gives us a 4.92/unit equity issued, not counting oversubscriptions. Fair unit value before rights offering, the per unit equity is 5.38. A reduction of .46, this lower unit equity has to be taken together with the improved debt/equity. If all of the interest paid on the 8% Debentures plus the current amount being paid is distributed to the new units 33,246,250, the annual distribution per unit annual remains the same @ .25. If anyone wants the worksheet, let me know and I will send it to you. My assessment is that we are going in the right direction. The chap that says Moray wants to go private, first and foremost a formal appraisal has to be done, and if this hypothetical transaction were to take place it would be at Five Dollars plus. My opinion is that we are going in the right direction, and there is no doubt that we will see M&A.
Bullboard Posts