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Western Wind Energy Corp V.WND



TSXV:WND - Post by User

Comment by mm2mon Dec 22, 2011 11:28am
196 Views
Post# 19345359

RE: RE: RE: mm2m and impega

RE: RE: RE: mm2m and impega

Oilman - not sure what your issue is but below is your way of thinking :

a company has a net worth of 100 M and has 50 M shares out - book value is $ 2.00

company gets 100 free grant - thus  the value goes to 200 M with 50 M shares you are saying the comany is still worth $ 2.00 a share there would be no change in the value????

I gues all the math and accounting degrees I have did not teach me well as I would have thought the book value would have gone to $ 4.00 a share... where am I trying to con anyone

don't call call people names if you cannot justify it

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