InvestorsHub Logo
Followers 22
Posts 6964
Boards Moderated 0
Alias Born 03/18/2015

Re: stoner422 post# 90452

Monday, 10/08/2018 1:34:34 AM

Monday, October 08, 2018 1:34:34 AM

Post# of 128599
You talk about an imaginary price of $150 2 years from now.

230 million shares currently outstanding.
104.5 million shares constellation deal II
139.7 million new warrants constellation deal II
12.4 million shares from Convertable senior notes
18.8 million warrants constellation deal I
= 505.4 million

and I don't know what other dilution that is built in - guaranteed to be more than 500 million shares...

you need to consider the share structure - because $150 implies a fully diluted market capitalization of over $75 billion CAD.

a price of $100 implies a market capitalization of $50 billion dollars CAD, about the valuation of Constellation currently.....

a price of $75, a price we have already seen (although I never owned shares when it got that high) - that is $37.5 billion CAD....I mean if we see that in 2 years it will then be certainly more than $40 billion dollars....I know I haven't counted all the dilution...at $75 every one of those warrants and convertible notes is guaranteed to be exercised...

at $60 - looking at over $30 billion CAD - at $60 every one of those warrants and convertible notes is guaranteed to be exercised...is it really worth $30 billion now?


Buying low, selling high is a tough way to make free money, this is easier.