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Alterra Power MGMXD

Alterra Power Corp is a renewable energy company. It is primarily focused on development, construction, and operation of renewable power projects. The company's business has four major segments - Construction and Development, Geothermal, Hydro, Wind, and Solar.


OTCPK:MGMXD - Post by User

Post by Newstock44on Dec 02, 2017 10:52am
246 Views
Post# 27077491

1.1 billion

1.1 billion Not sure where this number comes from 1.2 billion to meaningfully diversify INE assets portfolio?
the deal is not that good , I realize that there is debt to repay and we all know who's holding a lot of it.
Why wouldn't I want to sell cheap if I bought shares at .29 cents (2.9 after split) and the banks came in with Beaty and took 21% more shares at $6 around a year ago. That's 35 percent profit.
On the other side of coin if INE shares go to $18 then I will get my $10...
if they stay at 14.40 then $8 bucks is too cheap for me to vote as they are telling me..
cheers 44
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