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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 > 1.1 billion
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Post by Newstock44 on Dec 02, 2017 10:52am

1.1 billion

Not sure where this number comes from 1.2 billion to meaningfully diversify INE assets portfolio?
the deal is not that good , I realize that there is debt to repay and we all know who's holding a lot of it.
Why wouldn't I want to sell cheap if I bought shares at .29 cents (2.9 after split) and the banks came in with Beaty and took 21% more shares at $6 around a year ago. That's 35 percent profit.
On the other side of coin if INE shares go to $18 then I will get my $10...
if they stay at 14.40 then $8 bucks is too cheap for me to vote as they are telling me..
cheers 44
Comment by 4PCneanderthal on Dec 04, 2017 7:42am
IMHO the take over will be good and financially beneifical.  A larger market cap may attract new investors to INE hopefully increasing share price.  AXY overhead should be drastically reduced and INE gains pipeline projects, expertise in solar (INE has but one), expertise in geothermal (INE has none) and expertise in US green energy policy/tax not to mention better financing rates.  ...more  
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