Post by
oiltar on Jul 05, 2016 9:42am
Think about the next 2 weeks
DDC FS shows below its needed 15% IRR to fund its JAY.
PGDs 45% to 70% IRR posted in the public markets.
DDC shareholders demand DDC buy PGD and scrap JAY
We get $1.50 on a paper buy out of PGD
Comment by
schocor on Jul 05, 2016 10:11am
A $1.50 paper buyout by DDC would value PGD at $350M - roughly 1/2 as valuable as the rest of DDC. I think there are better offers out there for PGD shareholders.
Comment by
aea257 on Jul 05, 2016 10:31am
I come up with a differant total $1.50 x 340,000,000 shares=$510M Fully exercised x 360,000,000 shares=$540M Or am I looking at the wrong #'s?
Comment by
mill44 on Jul 05, 2016 10:36am
I am fine with 1.5$. They can have all my shares for that.