RE:RE:RE:RE:RE:RE:Cheapest entryi dont think the 60% premium is an absulute.. usco shares today made an all time high and that is due to this deal.
the companies together are worth more than seperate and the market knows it.. FCC shares are going up which is unusual in an all share deal, and i think they will continue to do so.
whomever signed off as to the fairness of the deal valued the usco assets at 1.5 shares of FCC
its more the ratio than the percentage for valuations
the lag in usco SP may be due to the deal closing a few months out in the future but remember it is a friendly deal with a fairly hefty break fee so i think its going to complete
as for fcc share price i have not followed them but a substantial amount was raised at 1.1 and higher so it is likley that will form a base
the trading in both shares looks to have a fairly orderly pattern which suggests institutional buying and ownership.. also there is not a lot of bashing here so i dont think retail is a large component.