RE: RE: BPV below 0.5 missed 0.435 unfortunatly, but got filled @ 0.445. remember: T.BPV will be consilidated 4:1, but continue trading. the price of 1.4 is only the deemed price for t.PG share issuance, not the initial trading price once T.BPV starts as Premier Royalty, later this fall.
Basic commen shares Os after 4:1 cons. will be 47.5million (incl. all share issuance to T.PG and royalty vendors like Aberdeen and GSR) @0.49 = 1.96 post consolidation means a basic marketcap of 93million. If you now considere that Franco Nevada (T.FNV), the largest Royalty Company in the world! payed 66million for Lumina royalty spin-off, holding only 4 NON-PRODUCING Royalties...go figure what a bargain Premier Royalty would be at such a price.
https://www.franco-nevada.com/files/Franco-Nevada_Lumina_Press_Release_0.pdf
One thing i really hope is, that shareholders are not that stupid to tender to a low ball offer by Royal gold or Franco Nevada around 200-300million. Premier Royalty, will be a 1billion + company 2-3 years from now, espacially with this T.PG deal on their properties. Mark my Words here. 1Billion plus marketcap in 3 years from today!