Comment by
Pivotcatalyst on Feb 28, 2018 8:43pm
it is $20 MILLION and the rest of the loot as per page 24 has commitment letters LIX worse case scenario gets the $20 million and has 45 cents per share
Comment by
GoldBug024 on Feb 28, 2018 9:15pm
please explain how 20 million dollars for 200Million shares equals 41 cents a share?
Comment by
Dtraders1 on Feb 28, 2018 9:31pm
@GoldBug40 hum are you sure 200 millions shares? :-) remember Nextview offer 2,61$ per share up to maximum 265 Millions dollars deal so it's impossible to have that many shares....On TSX website there is a mistake for the outstanding shares for LIX, it's like they double the quantity lol Best is to look in SEDAR Cheers
Comment by
GoldBug024 on Feb 28, 2018 9:40pm
ah okay, thanks dtraders :)
Comment by
Pivotcatalyst on Feb 28, 2018 9:48pm
you know nothing about the deal or the company they have $20 million as is and will get another $20 or be bought out works out to around 45 cents a share