GREY:LSTMF - Post by User
Comment by
orlandoflon Jul 13, 2016 10:25am
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Post# 25048014
RE:overvalued
RE:overvaluedbullmarkets wrote:
if the equity is to own 2.5 % that would equate to about a 1.4 billion market value. plus the debt. so that stock is going to come down..
if debt is under $0.5B with conversion on 100M shares - if they were valued at $2B, which may be high that would put equity at $1.5B = $1.50 on 100M shares = about 7 cents now - not good, but they would have potential to go to $3 - overall bad deal, but better than 0 - I am surprised that this is the best they could do