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National Grid ADR repsg 5 Ord Shs V.NGG


Primary Symbol: NGG Alternate Symbol(s):  NGGTF

National Grid plc is a United Kingdom-based energy company. The Company's principal activities involve the transmission and distribution of electricity in Great Britain and of electricity and gas in the northeastern United States. Its segments include UK Electricity Transmission, UK Electricity Distribution, New England, New York and National Grid Ventures. The UK Electricity Transmission segment includes the high-voltage electricity transmission networks in England and Wales. The UK Electricity Distribution segment includes the electricity distribution networks of NGED in the East Midlands, West Midlands and Southwest of England and South Wales. The New England segment is engaged in gas distribution networks, electricity distribution networks, and high-voltage electricity transmission networks in New England. The New York segment is engaged in gas distribution networks, electricity distribution networks, and high-voltage electricity transmission networks in New York.


NYSE:NGG - Post by User

Comment by grumpymonkey007on Feb 27, 2009 10:20am
305 Views
Post# 15808095

RE: RE: NGG is a steal at this price.

RE: RE: NGG is a steal at this price.art,

Since your dilution figure,

We have had a 3MM equity financing arrangement announced 28 Nov 08
https://www.newguineagold.ca/announcements/2008/pdf/Debenture%20First%20Tranche%20Closed%20Dec%2022-08.pdf

And a futher 3.83M options have been granted recently
https://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=Z-C:NGG-1572084&symbol=NGG&news_region=C

and (this doesn't change your original dilution figure) additionally 6M options that were to expire in weeks have been extended for another year
https://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=Z-C:NGG-1573093&symbol=NGG&news_region=C

When I'm calculating the upper reasonable bound of on share price using value-based techniques, I simply consider the fully diluted number of shares to be 200M...
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