Is the drop in STO's share price problematic to offering OSH an increased offer. Back on 21st June STO was in the low $7's to get the $4.25 price for OSH at .59 share offer and 37% of new company. If we worked on say a 10% increase to around $4.65 which would be around a .65 share offer and around 41% of the new entity on the original SP values. At the current price with STO dropping to $6.59 about 10% down from the offer date this would be at the .65 offer a price around the $4.25 mark. How do STO increase the offer to say $4.65 at current market prices without diluting their shareholders more than the 41% area? Do all future discussions relate back to the pricing at initial offer time? I hope that makes sense and someone with experience with takeovers can give some insight to how it may take shape from here with the drop in STO SP.
OSH Price at posting:
$3.99 Sentiment: Hold Disclosure: Held
