NYSEAM:SVLC - Post by User
Post by
MrDrSnuggleson Sep 16, 2015 5:19am
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Post# 24107591
Input on my logic please
Input on my logic pleaseSo, ive looked at silvercrest for acouple of days now and did a little bit of research. Everybody seems mad about the buyout/merger. But i just did some math and it doesn't look that bad.
SVLC is at a price of .82 right now
Firs majestic is at a price of 2.98
The deal states that shareholders will get .2769 common share of first majestic and .13669 share of new svlc.
this gives a value of (2.98*.2769) .825162 per share of silvercrest in shares of AG.
Then on top of that you get 13.6% of the value of whatever new silvercrest is worth. If it doesnt go down in value then it would be worth (,82*.1667) .136694.
On top of that all shareholder get .0001 in cash money.
This makes the value of a SVLC share after merger at .961956!!!
Thats an increase of 17.31%
Please correct me if I'm wrong, but to me it seems like a bi**hin deal and that most people just don't realize it for some reason.