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Sona Resources Corporation SREZF



GREY:SREZF - Post by User

Bullboard Posts
Post by BCPInveston Aug 17, 2005 7:03pm
192 Views
Post# 9425251

SYS Value per share

SYS Value per shareThe news release said the deal will go at current market value which is no higher than one penny per share plus assumption of debt and obligations. At one cent that would imply a deal value of CAN$20 million but a half of one cent per share it would be CAN$10 million. There would be sale adjustments as noted....this would not be accretive to the stockholders! So, the market is not rational. Maybe it goes higher.
Bullboard Posts