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Bullboard - Stock Discussion Forum Anthem Resources Inc V.AYN

TSXV:AYN - Post Discussion

Anthem Resources Inc > AYN could be worth .28/sh
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Post by phoenix_trader on Jun 02, 2014 9:13am

AYN could be worth .28/sh

The cash value of Anthem's shares in continuing Boss Power should be worth approximately $10,062,893 before any transaction-related expenses. Anthem currently has 35,419,731 shares outstanding. Thus, the implied pro forma cash value of Anthem's Boss position should be worth 28.1 cents for each Anthem share, excluding any transaction-related expenses for the arrangement.
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