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Bullboard - Stock Discussion Forum Alterra Power MGMXD

Alterra Power Corp is a renewable energy company. It is primarily focused on development, construction, and operation of renewable power projects. The company's business has four major segments - Construction and Development, Geothermal, Hydro, Wind, and Solar.

OTCPK:MGMXD - Post Discussion

Alterra Power > Election Day and 3rd quarter
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Post by Newstock44 on Nov 03, 2016 1:50pm

Election Day and 3rd quarter

I guess it wouldn't make to much different this month but year end should be good in March..BF I did some math 46.94 million vs 58.25 million = 24.124%  increase . The six dollars that these new shareholders hold would have been = to 7.44 before the increase in share. With that old value then giving us a value at almost 350 million....with the extra 11322463 shares that would give us a new value of just over 417 million valuing it at least ..maybe you can finish up by a question ( the answer is 7.17 cheers 4.40
Comment by BoldForbes on Nov 04, 2016 9:05pm
Newstock44, I have looked at it from a total Market Cap approach as well.  Not worried, I think some are a little upset at the share price, but I have often seen the price of a stock go below the offering on something like this. There are two sides to each story: you can be upset about the share price and say management must be out of there might and are awful... OR... You might believe ...more  
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