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US Cobalt Inc V.USCO

"US Cobalt Inc is a natural resource corporation engaged in the acquisition, exploration and development of exploration and evaluation assets with its primary focus on the development of the Iron Creek cobalt property in Idaho, USA."


TSXV:USCO - Post by User

Comment by Reza123on Apr 04, 2018 9:22pm
117 Views
Post# 27833190

RE:FCC share price

RE:FCC share priceHi,
with all due respect, Your logic without considering the share price of usco at the time of transaction (some time in May) is flawed. Let’s consider the following example. If at that time the share price of fcc is $0.80 and for usco it is even $1 still the conversation is very good for usco shareholders since they are getting 1.5 fcc shares which will be $1.20, Also note that the main reason that the share price  of usco is not about $0.80 at the moment is because of the announced deal. Do not forget that usco share price was about $0.66 not too long ago. 
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