RE: RE: Scotia report That amounts to about net $530 million on 718 million shares which sounds somewhat low to me.
At March 31/11 they had about $50 million in cash and was cash flow positive.
10 million warrants at
.50 will add another $5 million.
63.5 million RSUs and DSUs at an average of
.64 will add another $40 million.
Total it up to about $625 million including $530 million for Jevco.
There are no severances and cant see any wind-up costs greater than $10 million.
What are Scotia's numbers for these additional assets and what are their fd shares ?