RE:RE:RE:RE:RE:RE:RE:RE:HAS EVERYTHING TO DO WITH .....................That cash will be used to fund the possible purchase of Citgo.
The value of the stock will be based on the award of $1.024 billion which will not change. That award money will be distributed over 114 million shares versus 99 million previously.
After taxes and fees, there will be about $768 million USD. Divide that by 114 million shares and you get $6.73 USD per share. That's if the company doesn't keep anything, and they most surely will, in order to keep the company running. So a more realistic number might be between $5 and $6 per share.
If this case drags on for another year - and it might - there could be more dilution.
If GRZ ends up partnering with the winning bidder, that could change things.
Undersand that these numbers are theoretical, based purely on the solid numbers we have. As in Market Value. I just don't see $7 as mathematically possible. If something happens and there is a massive buying spree of shares, it could do anything.