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Carcetti Capital Corp V.CART.H

Alternate Symbol(s):  TPNEF

Carcetti Capital Corp. is a Canada-based company. The Company is focused on seeking a new business opportunity.


TSXV:CART.H - Post by User

Bullboard Posts
Comment by TheRock07on Oct 11, 2016 5:06pm
125 Views
Post# 25332552

RE:More on Burisma Holdings

RE:More on Burisma HoldingsIt refused in February and won't be bought out anywhere near that cheap.
Cub is receiving about $17 million per year from Burisma arising from its 35% WI.

Why would it sell out at just $23 million .
Further, for very little other consideration, Cub has the right to acquire another 5% which will raise its WI to 40%.

And to top it all off, Cub has 2p reserves of 3.1 Mboe worth $63.5 million or 20 cents per share.

So, Cub will be receiving about $20 million per year in dividends ( assuming it invokes its 5% buy )  from Burisma for its Eastern Ukraine WI.

So there is no way they would accept an offer less than 15 cents..
Bullboard Posts