GREY:CLLZF - Post by User
Comment by
birchjunkon Dec 09, 2011 7:32am
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Post# 19306365
RE: CLL Valuation $1.50+
RE: CLL Valuation $1.50+Daylight went for 2.25 times its net book ( shareholder equity ) including $700 million in debt.
That would place CLL at $2.50 per share.
No offer below $2 would be acceptable.
Thats why the major fund holders are calling for a value maximization process that would seek alternative offers.
$2.50 would do it.
Rothshchilds next week.
Strap on your seat belt.