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Re: DRK123 post# 16457

Monday, 10/26/2020 3:33:54 PM

Monday, October 26, 2020 3:33:54 PM

Post# of 21540
Record date for the distribution seems to be September 29 so all trading since then is for shares that convert into equal amounts of Petros shares with no rights to NBI shares.

They do still have the right to amend the agreement again, but judging by the insider buying I'd say this is it.

NBI would then have about 4.8 million outstanding shares, so if we assume it's valued at 20 million we're looking at a new share price of $4.
Current Petros valuation would then be about 54 million based on last closing price.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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