any late thoughts

  1. 2,933 Posts.
    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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