comments on ceo.ca So on the day of the actual transaction, PODA will have $70 million from the deal, plus the cash on hand (which should be around $15 million). That's approximately $85 million at some point in time in the near future. Fully diluted, there are about 120 million shares according to other posts. That means that on the day of the transaction, PODA shares should be worth at least 70 cents per share, just representing cash on hand (before the 40 cents payout). We are currently trading at a steep discount to that price. I suppose that once the uncertainty about the deal is removed, we can expect a doubling of share price?
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@burnslab Seems like no one is able to accurately add up the fully diluted share count. If they are saying it comes out to a 40c payout with 1m left in the till... that's what its coming out to... would be fraud if they said that and it wasnt accurate... Theres convertible debt and all kinds of other management fees blablabla millions upon millions of shares you're not seeing. Luckily for you the market is not allowing you to make the mistake of paying over .40 lol 0
@burnslab should not be .40 because there's still risk the deal doesnt close + THERES TAXES TO PAY ON DIVIDENDS... 1
@burnslab 63,646 preferred shares outstanding - last md&a 1000 to 1 convert Number of Outstanding Listed Securities: 61,222,711 - april form 7 350k converts at 0.05 for 7m shares 4m insider options at .16 / 1.1m at 0.1 as of nov 2021 there were still 26m warrants at 0.1 prolly some other stuff I missed too so ya it's a big share count once you fully dilute it to .40 I'm seeing 163m - would need IR to confirm if that's in the right ballpark