Sunday, November 18, 2018 9:41:18 AM
Current price=$1.18. Net of 45c of cash buyout payment, this is $0.72.
CPT determination of buyout value=$2.22. Net of the 45c cash payment, the deal involves $1.77 of CPT stock, valued at the price that venture cap guys paid for shares earlier in 2018.
So, you pay 72c for shares worth $1.77. That is nearly a 60 percent discount.
Happy shopping!
I am obviously NOT an investment advisor.
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