RE:RE:RE:MyTake: ALL The SMART Shareholders Will OPT For MAX CASH !- I did NOT READ the 'Arrangement' on SEDAR
- I KNOW that there is a CASH CAP - $ 80 million !
- you are TELLING ME (?) that there is ALSO a Newco SHARE CAP !
- THAT does NOT MAKE a CAPITAL STRUCTURE SENSE !
- it is LIKE a FORCED IPO - the MORE Newco shares OUTSTANDING, the GREATER the CASH BALANCE on the Newco BALANCE SHEET
z173