back of napkin mathI believe the deal will give bw 100 million shares with opv sh holding 1 fifth.
The deal looks fair to me. It shoukdb sp neutral. The kicker, tgat we will not drill until next month was perhaps give up news for some that can still sell shares for break even and hold free warrants.
I think this will b soft for another month or 2. I still have not bought anything.
This is not a get rich quick thingy.
nf