GREY:SREZF - Post by User
Post by
BCPInveston Aug 17, 2005 7:03pm
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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.