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TMT said(Pensador) have accepted 30 cents as the minimum price...

  1. budgettrader
    230 Posts.
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    31/07/08
    20:57
    Post #: 4059884
    TMT said
    (Pensador) have accepted 30 cents as the minimum price for the clawback.

    30 cents x 500M shares comes out to about $150M - which is about 12% of $1.4B I guess (what Pensador will be worth)...

    M question is:
    Does that mean we need to issue around 4 billion shares to Pensador for the clawback?
    CVI Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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