RE:Potential Share Price at Buyout - RevisedGreat post.....
So I will accept $4.00 right now instead of waiting for the biding war....
Yes I will likely be giving up $1.00 or so but I could use the money for a new boat this year...
great work
quakes99 wrote: Assuming that today's Bought Deal is fully subscribed 11.7M shares plus the 15% by Underwriters, the net shares issued will be 13.34M. That increases our fully-diluted share count from 408,036,992 to approximately 421,376,992. I have revised my spreadsheet accordingly and here is the revised potential share price table. Note that all share prices are in $CAD, fully-diluted.
| | | Bid Price per pound U3O8 ($CAD) |
| Pounds U3O8 | $6 | $8 | $10 | $12 |
| 106,000,000 | $1.54 | $2.01 | $2.52 | $3.02 |
| 125,000,000 | $1.78 | $2.37 | $2.97 | $3.56 |
| 150,000,000 | $2.14 | $2.85 | $3.56 | $4.27 |
| 175,000,000 | $2.49 | $3.32 | $4.15 | $4.98 |
| 200,000,000 | $2.85 | $3.80 | $4.75 | $5.70 |
If you believe that the offer will be made in $USD/lb and/or wish to compare the offer with other takeover bids that use $USD/lb has the benchmark, here's is the same table adjusted for the current exchange rate. Again, all share prices are in $CAD.
| USD Exchange Rate | | | | |
| $1.28 | | | | |
| | | Bid Price per pound U3O8 ($USD) |
| Pounds U3O8 | $6 | $8 | $10 | $12 |
| 106,000,000 | $1.93 | $2.58 | $3.22 | $3.86 |
| 125,000,000 | $2.28 | $3.04 | $3.80 | $4.56 |
| 150,000,000 | $2.73 | $3.65 | $4.56 | $5.47 |
| 175,000,000 | $3.19 | $4.25 | $5.32 | $6.38 |
| 200,000,000 | $3.65 | $4.86 | $6.08 | $7.29 |
Hope you find that helpful. ;-)
Cheers!