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0.00% 5.2¢ cbio limited

Please explain how you obtained $15 mil as a merger...

  1. matakus
    147 Posts.
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    06/07/12
    15:24
    Post #: 10403506
    Please explain how you obtained $15 mil as a merger price.
    Current ordinary shares on issue Cbio 239,144,963 @ current share price of .063 = $15,066,132(total Cbio Capital)

    Shares to Inverseon for merger 143,486,978 @ current share price of .063 = $9,039,679

    Do you not think what they are developing is going to be worth more than $9 mill plus funding grants from the US?
    CBZ Price at posting: 6.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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