With the offer isnt it 2.4 88E Shares for 1 XCD's on XXX day of takeover . So if on the XXX day if other buyers 88E shares were .04 c
then XCD's shares really are only at "0' . If You had 100 XCD Shares you would now have 240 , 88E shares at .04 cents.
There is no guarentee the the XCD Shares are worth 14 cents.
If we talk miricles if 88E share went to say .08 c then The value of the deal would be .18
If XCD Shareholders were to get a better value it should be say 3.4 Shares to 1 XCD . The market value is nominal to the Holdings
Interesting
