OTCPK:CRUUF - Post by User
Post by
westhecaton Mar 21, 2010 8:35pm
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Post# 16908047
CRU-EET -HRG
CRU-EET -HRG
Has anyone one tried to figure out the value based on market cap of what EDV owns of EET and CRU combined and the value of what Sevestral owns in CRU and HRG combined?
It would seem to me that Sevestral would be buying CRU in large lots if they had the opportunity and they really wanted to own 51%. EDV is buying but Sevestral is not.
I ran some rough numbers this a.m.. If EDV and Sevestral were going merge the three companies, the market caps that I mention above are almost equal. I did not include the holdings of the Russian merchant bank Troika.
Anyone want to run the numbers and see if they are close.
Even though EDV is buying at $.40 their average cost is going to be very low.
I don't own CRU but have been watching based on my interest in EET.
Wes