Deal too expensive! Too much shares!
Yes...I understand that they're confident or is it another way to exit Spark for liquidity! Entered in LOI on 28 February, but the previous closed price was 0.44$ But they valued only 0.26$! For 15M shares so 3.9$M Meaning that DNAX 81M @26cents = worth only 21M$!!! That's simply the way to get more shares!!! I'm upset because they make the deal for their own interests, not the DNAX shareholders! :-( Let's say : 4$M @ 0.40$ ...10M shares! 1/3 or 5M shares Less!!! Right now...it is lower than the financing 0.30$ a yr ago!!! We'll see the reaction tomorrow...!