InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,482.87
(
0.09%
)
US TECH 100
19,307.88
(
0.48%
)
Dow Jones
39,164.06
(
0.09%
)
Brent Oil
85.69
(
0.32%
)
Bitcoin
61,474.35
(
-0.22%
)
Post# of 221872
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

souzagotcha

Send PM Follow Ignore
Followers 17
Posts 879
Boards Moderated 0
Alias Born 09/19/2004

souzagotcha

Re: Militia Man post# 7243

Sunday, 01/13/2008 4:54:23 PM

Sunday, January 13, 2008 4:54:23 PM

Post# of 221872
prisoner thanks, using your numbers

My math (probably wrong) is saying .212 value per spinoff shares of Bouse and Copperstone which I believe was said (IMO) in the Dec PR.
My interpretation of the PR is that they are going to use the value of Bouse and Copperstone at 175m (FFGO valued GWGO at 825m and are getting 1b) so each spinoff share for Bouse and Copperstone would be valued at .212 towards the share price of the unk company. ( 175m dollars divided by 825m shares )

If my memory is correct I believe the spinoff ratio was .018 per 1 or 18k per 1m for Bouse and Copperstone.

I really hope my math is correct.LOL
If I'm close to being right this is only for those two holdings. We still have the others pending. SOUNDS TOO GOOD TO BE TRUE. LOL

P.S. I'm not an accountant so this is ONLY my opinion on the way I look at it AND I'm NOT a Pumper. GLTA

It's only money

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up