Sorry, I missed that. In the end, I guess it comes down to 3 things:
1. The likelihood of the transaction being completed
2. The consolidation ratio
3. The market cap of gridComm after re-quotation
We obviously have different estimates for points 2 and 3 and so I can see from your perspective that the risk involved in point 1 does not justify buying at this price.
Only time will tell right.
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