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Bullboard - Stock Discussion Forum MENA Hydrocarbons, Inc. SKNAF

"MENA Hydrocarbons Inc was incorporated on May 11, 2010. The Company is engaged in oil and gas exploration, development and acquisition of properties in the Mediterranean and Middle Eastern regions. The Company's current assets include Egypt: Lagia and Syria: Block IX."

GREY:SKNAF - Post Discussion

MENA Hydrocarbons, Inc. > If my math is correct, the numbers would be like this..
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Post by DollarHungry on Oct 29, 2014 9:00am

If my math is correct, the numbers would be like this..

Outstanding share @ 265,900,000 Shares for debt share @ 150,474,000 Total: 416,374,000 SacOil Shares: 183,666,947 Divide SacOil shares over OS = .44 or 44 percent
Comment by Acelove on Oct 29, 2014 2:41pm
This post has been removed in accordance with Community Policy
Comment by Acelove on Oct 29, 2014 2:46pm
This post has been removed in accordance with Community Policy
Comment by lrpepin1 on Oct 29, 2014 2:53pm
all you get is a 52 week low
Comment by DollarHungry on Oct 29, 2014 3:03pm
I think it will give us 44 percent of the value of each SacOil share. If the value of SacOil is 2.50 pence then 44 percent of that...