EPG european gas limited
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So EPG is offering 32mill shares and 2mill options plus some...

  1. tapman
    200 Posts.
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    12/10/06
    14:52
    Post #: 1850180
    So EPG is offering 32mill shares and 2mill options plus some cash (850,000 pounds) for Heritage.
    EPG has 166mill (approx) shares on issue. So another 34mill shares is a 20% dilution of EPG shares for the remaining 25% of the French and Italian projects.
    Are my figures and logic accurate ?
    If so it seems a pretty good deal for EPG holders to me.
    Some more financial minds than mine might care to comment.
    Cheers
    EPG Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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