doesn't make sense to me So, Tigris has 9 M cash and asset worth 7M in balance sheet and almost no debt. 16 M in total assets. 6M now. rightwhich market is valuing at This amounts to about 25 cents per share value.
wolpack has following:1 M cash and 6 M assets. 7M in total assets.
Total assets of new company would be 23 M.
yet wolpack shareholders will get 60% of new company and existing tigris shareholders will get 40%....I think this is unfair.
fair would be if wolfpack gets 30% and tigris shareholders get 70% of new company. I am voting no.