Have you guys got any idea of what the merged company is worth post merger? From what I figure your shares are only going to comprise 20% of the merged company. The number of shares on issue will be 497m. So you guys will own 20% of that. Say the merged company is only valued at $100m. You guys will own between you, one fifth of that ie $20m. At the moment you own $32m because thats the current market cap of NSL. However, if the merged company is valued at $200m then you will be ok. But I might be a good idea to take a closer look at what you are getting for you money.
Good luck with it. Nice pick if it works out well!
cheers...
NSL Price at posting:
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