The dow should have nothing to do with the fact that $1 = $1
Fact is CAP is not being backed on cash alone. Now I know all the cash isn't in their bank now, but I'm happy to be buying at these levels before they do the direct credit into CAP's bank account.
I mean people have to think that based on a sp of 43c, the market is saying the $81m BMG deal = $30m and this is the cash portion alone which doesn't factor in CAP's 20% FREE CARRIED through production.
Now someone wake me up if I'm dreaming but last time I checked $1 = $1
CAP Price at posting:
42.6¢ Sentiment: LT Buy Disclosure: Held