OTCPK:EMMBF - Post by User
Comment by
CharlyFlatcoaton Feb 18, 2019 10:12am
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Post# 29378777
RE:As of Friday EMC Share Price should be $1.97 with Conversion
RE:As of Friday EMC Share Price should be $1.97 with ConversionThe general consensus on this board appears to be that EMC is undervalued when compared to the conversion rate to ALEF shares. However, I see no thoughts expressed that EMC is priced correctly and that ALEF is overvalued, for whatever reason (perhaps to make the deal more attractive to EMC shareholders). In other words the true value of the combined companies (as of today) is based upon the current value of EMC
For the sake of clarity I hold EMC (15,000 shares acquired at $1.74) and will be voting in favour of the deal.