GREY:NEPTF - Post by User
Comment by
JayB1on Oct 28, 2010 12:35pm
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Post# 17624660
RE: NR about Acasti warrants
RE: NR about Acasti warrantsI just verify the amount of outstanding share and option for Acasti... They have a total of 85 000 000 with all the options...
The current 9 millions warrants that will be exercise in November will bring 3.6 millions to Acasti... Also they have warrants in December that will bring another 5.9 millions...
With the TSXV entry that should be done soon.... I would expect the fair value to be in the 100 millions (around 1$ per share)... this will give around 70 millions more to Neptune value or ... 2$ per share... even at the book value this should bring Neptune share above 3$
JayB1