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Chinook Energy Inc. Common CNKEF



GREY:CNKEF - Post by User

Post by Miner1967on Oct 02, 2016 5:09pm
249 Views
Post# 25300178

TOU's stock has risen facilitating a all-stock deal with CKE

TOU's stock has risen facilitating a all-stock deal with CKETOU's shares have risen significantly since early 2016, so TOU can use its shares as currency and pay in shares to acquire CKE. So it will not cost TOU anything, while the dilution will be very small. Dilution will be less than 5% because TOU's market cap now is $8.32 Billion. 
 

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