ARD USN

re: Ann: USN: US NICKEL TAKEOVER OFFER FOR AR... So if say USN...

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  1. Sharetrader78
    13,226 Posts.
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    29/11/10
    20:34
    Post #: 7541680
    re: Ann: USN: US NICKEL TAKEOVER OFFER FOR AR... So if say USN did get 100% of ARD they would have to issue rough est.
    10mill(ardo)+160mill(ard= 170mill new USN shares + 138mill USN in total(escrow+opts) = 308mill shares
    now what do you reakon the merged group will still command 15c with only 1-2mill in cash the market cap would have to be 45mill+ most likely the market will value round 30mill or 10c per share
    ARD Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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