TSXV:VER.H - Post by User
Comment by
operator5on Nov 27, 2010 9:50am
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Post# 17765921
RE: Still looking for Vecta's working interest?
RE: Still looking for Vecta's working interest?Toasted,
Right you are. I presume that the deal is between 25% and 50%, and closer to 50%. The reason is because I think that if it was for some nominal amount, the backlash would send this stock back to .01. I would expect it to be closer to 50%, but I halved that number when I ran the calcs to figure out a price. News will drive any other supportable positive movement, and lack of news could see this drift lower back into my buying territory. Like I said before, I cannot imagine a scenario where this company cannot raise the money to do this deal given its alternatives.