RE:RE:RE:Hr. SuggestionHarel1976,
You are valuing TEI shareholders equity at 14,500,000$CDN or 0.10$CDN.
''at price of 20p+ plus''
20p - 6p= 14p accued value by the TEI acquisition
14p x 183,000,000 shares (I3e) = 26,620,000 GBP
26,620,000 GBP x 1.6917$CDN/GBP = 43,341,354$CDN = TEI value
43,341,354$CDN - 28,800,000$CDN (debt) = 14,541,354$CDN shareholders equity
14,541,354$CDN / 145,128,518 share = 0.10$CDN per TEI share
An increased of the I3e offer to 0.05$ per TEI share is a fair offer