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Post# of 18345
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huxley

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huxley

Re: RealinvestDD post# 6899

Thursday, 09/19/2019 1:20:42 PM

Thursday, September 19, 2019 1:20:42 PM

Post# of 18345
NO.
Based on that scenario,
New entity will be formed. Private A(saean) will own 90% and Shell (EMPM) will own 10%.

EMPM shares will be worth 10% of the value of the new entity which is equal to $100M.

What you are saying is similar to the second scenario in which Saean will use their own EMPM shares to reach to 85-90%. With 200M they can't do that, either they will issue themselves more shares or will have to buy more at open market from our 60M shares.
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