Shareholders will own 1 third of new company
I think it will be a good deal for shareholders. Just on
projected profit this year. Say 600000 1third is 200000
swiftel. Say 3mill 1 third 1 mill. swiftel shareholders1.6
mill of merger. Cant see Swiftel making this much this
year. I realise this is very very rough but thats what I
think. Profit estimates are pretty conservative.
No profit for Swiftel
1 mill Peoplecom 1third 330000 Swiftel. Even when
reinvested Swiftel shareholders still better off.Watch
TV its the next big thing broadband, now merger has
the lot.
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