Australia's largest stock trading and investment forum Australia's #1 stock forum

ODN

Click for more information

0.00%

0.0¢ odin energy limited

Re yr last Para: this is the key, and reason why serena's...

First 253 Last

Share
Profile

Follow
usc75

7,026 Posts.

181

20/03/16

09:55

Post #: 17320629
Share

Originally posted by Blommer ↑

Thanks serena, thats a good analysis and very clear. The only change I would suggest to your figures is that the performance shares should be considered as good as issued - reason being that if they don't get issued it means Gridcomm underperforms and the new entity will be worth little anyway. So anyone who is interested in ODN today should expect that these shares are as good as issued, or they wouldn't want to own ODN anyway.

One upside of that is that it makes the amount of ownership retained by current Gridcomm holders much more realistic. It needs to be realistic or the deal would fail.

However, even after including the additional performance shares, it still gives ODN a very generous proportion of Gridcomm.

Expand

Re yr last Para: this is the key, and reason why serena's figures are overly optimistic/generous to existing ODN shareholders...

...consequently, expect a much bigger CRUNCH to existing ODN shareholders...

ODN Price at posting: 1.7¢ Sentiment: Sell Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Trump is President Again: What Does This Mean for Crypto?

ACW

Actinogen receives $9M R&D tax rebate to fund Alzheimer's trial

NHF

Burgeoning NZ insurance claims drive 1H25 operating loss for nib

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

First 253 Last

Add ODN (ASX) to my watchlist