GREY:BNCIF - Post by User
Comment by
Teatimenowon Jun 27, 2017 12:44pm
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Post# 26409256
RE:RE:RE:RE:RE:The Long Halt
RE:RE:RE:RE:RE:The Long Halt@Goldfather
what i meant, is i exepct FCC to go even higher, but if not, i do not believe the SP will drop below 70 cents.
@Newssimon1707
in the 3 way merger on a FD basis the newco Cobalt One + FCC + CSK = "New FCC"
i calculated that (incl. some options etc.)
55% will be held by former Cobalt One shareholders
35% by exisisting FCC
10% former CSK shareholders
but i might have missed some warrents and or options...
BTW it could also be that the CSK Ceo said: first lets see how the market likes your merger with Cobalt One, lets then agree on a exchange ratio, who knows.
CSK was at 11 cents before the initial ann. So assuming FCC does start trading again at 0.76
then the exchange offer implies almost a 100% premium, no too shaby