possible 25:1 swap for cti shares..., page-6

Grant62...

Yeah, that would seem a reasonable conclusion.

From my initial inspection, it would appear that both companies have similar incomes, similar customer numbers and similar rates of growth...however with slightly different company structures, there may be other considerations effecting the final outcome.

But really, I guess it all comes down to how much of a premium CTI are prepared to pay to secure board level support at DFT.

I really see this as a "friendly takeover" and not a "merger" as the joint announcement suggests...so in the end, it will come down to the offer price.

I guess the important thing to remember is that this "merger" would see the combined entity achieve critical mass and ultimately, become a serious player...not to mention the obvious synergistic cost savings.

Surely CTI would be prepared to pay a premium to secure such a scenario.

In addition, such a merger would also help inject liquidity into CTI's share performance, whilst at the same time, fixing DFT's capital mess.

Seems like a good idea for everyone.

Cheers!