GREY:GGBXF - Post by User
Comment by
Greedeon Nov 08, 2018 1:52pm
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Post# 28945268
RE:RE:RE:RE:When will GGB trade? I see XTHC is on their website
RE:RE:RE:RE:When will GGB trade? I see XTHC is on their websiteGreat, much appreciated.
So it will be interesting then if GGB, after all of these share re-orgs, if the actual list price of GGB will be $2.00/share come November 13.
That's quite a nice jump because that would mean for XTHC holders, their share price will have jumped to $0.50.
Plus, GGB is a company that is really turning heads and makes the investment story even more interesting for a long-term hold.
JackStrate wrote: Let me walk you through it.
If you held 125,000 shares of GGB (of the pre-transaction private company, they would be exchanged at 3.435 for Xanthic Shares = 429,375 Xanthic shares, which will be consolidated 4:1 resulting in 107,344 shares of the resultant issuer.
If you hold 125,000 shares of Xanthic, they will be rolled up at 4:1 resulting on 31,250 shares of the resultant issuer.
I hope that is clear.