TSXV:BTI.H - Post by User
Comment by
greaterfoolFredon Dec 13, 2022 11:58am
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Post# 35168671
RE:Deal Metrics
RE:Deal Metricsbarsax wrote: so Meditech issues 75900000 shares for $10M USD, OR .1318 USD per share. Meditech then turnsaround at issues .9556 of those shares for every BTI share, OR .9556 * .1318 USD = 0.1259 USD per BTI share. Converted at today's exchange rate of about 1.35 CDN per USD you get a $CDN price of ....you guessed it! 17 cents CDN per share....don't spend it all at once
And that price is optimistic; thats more than ywo and a half times the current quote.