OTCPK:EUCTF - Post by User
Post by
green24on Dec 18, 2015 3:46pm
148 Views
Post# 24396451
Vote Yes Today
Vote Yes Today
Current price? 0.175/sh, $15.7M market cap.
Wow, everyone who voted, voted YES. The deal will close on or before January 4th.
When the deal closes, $16Mish or 0.18c/sh roughly, goes into the company coffers.
Plus, $9M, or $0.10c/sh becomes payable in royalties as a minimum.
Calculate the NPV of the extra $9M however you want and this stock is effectively trading at a big discount to cash.