Post by
commodity16 on Sep 08, 2015 10:56am
alot different
reaction in the markets with this acquisiton than last. I would be a bit cautious here. Perhaps we overpaid a bit? Does anybody see what price the shares were offered at exactly?
Comment by
thedave2006 on Sep 08, 2015 11:51am
debt the problem in the deal? dilution of 8.49 million shares and maybe raising monies in shares yet to rid of the debt, this the problem investors wrestling with? cheers, dave.
Comment by
cg16 on Sep 08, 2015 11:55am
so am I correct in assuming that in the math you've shown, CXR shares are only valued at $82.45 each? that would definitely bring some pressure on the SP today...
Comment by
Itcanbe on Sep 08, 2015 12:14pm
Do you mean $82.45 U.S.D.? If it's $82.45 U.S.D. then in Canadian dollars we are trading way under that right now.
Comment by
cavinsin on Sep 08, 2015 12:17pm
Yes that is correct, 8.5M shares for the net proceeds of 0.7B, That is my reading, That is US. I assume