ALX Resources Corp V.AL

This good for shareholders

[zbalata1]

yes or not?

[xcapitan]

This stock got driven down to be stolen for 1/10th its current value.  You all watched the Suspicious trading 

[hiram_key]

Greenridge...and it's architecture came into reality 24 months ago...if they are convincing time will tell 

[Troyhorse]

Their projects seem to be in the Athabasca basin and in Ontario. Can not find their share float size in the website?

[hiram_key]

I did see it on their website no longer there talking this morning. Market cap 26 million  Total shares 34 million 

[xcapitan]

Check yahoo. Today they're up double our company's current value 

[Troyhorse]

Please explain this to me Hiram, Or is my math wrong L ALX has a float of 248.87 million shares and Greenridge 34.5 M shares  ALX shareholders are expected to receive 0.045 common shares of Greenridge per each ALX share. SO this means Greenridge will end up with : 248.87 x .045 = 111.9 M share plus the actual float of Greenridge of 34 M share for a total of 145M shares?  and as

[xcapitan]

It's more like a 22 to 1 roll back under new management with a decent warchest. I'd be happy with anywhere from .06 to .10 and think .035 is robbery but at least at the other end of the table they see value like I do 

[Troyhorse]

Thanks that makes sense and yes .06 to .10 will be ok for me too. Any chance of another bidder in your opinion? GLTA