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Cube Psytech Holdings Inc. T.P


Primary Symbol: P.CUUB

Cube Psytech intends to trade on the Canadian Security Exchange. There is no date set for the closing of their Initial Public Offering at this time.


P.CUUB - Post by User

Bullboard Posts
Post by seriousinveston Jul 22, 2011 10:01am
256 Views
Post# 18860613

the merger

the mergerAs I understand, each P shareholder will get 1.5 shares of NGX.NGX is now trading at $3.22.  That means P should be trading at approximately  $4.83. Yet it is trading $.50 below that price.  That seems like far too big a spread unless someone thinks the transaction will not be completed.  GG(which owns something like 1/3 of P) has said it is in favor of the deal.  So I wonder why the great disparity?
Bullboard Posts