Tuesday, August 31, 2010 10:18:39 AM
Thanks Justavoice, and Roy too. Ok, this is clear. So it means sell now and get out or agree to the exchange (or loose everything if you don't do anything, but let's not consider that 
).
Well, it ain't that bad I guess.
32.9383 shares per new one at $13.54 per share, that represents (13.54 / 32.9383) a value of 0.41 $ per actual share. That seems better then the 0.27 $ what was first said, and better than the actual price. That is if I'm not missing anything here.
Which also means that if the company is undervalued (as everyone seems to think) we should see a rapid move in PPS in the months following the plan, or even sooner if the POR is rejected by the votes an reevaluation/other POR by the EC comes through.
Am I on the right track here ??
Sorry, but as a dutch speaking person this is very technical stuff to fathom sometimes.
). Well, it ain't that bad I guess.
32.9383 shares per new one at $13.54 per share, that represents (13.54 / 32.9383) a value of 0.41 $ per actual share. That seems better then the 0.27 $ what was first said, and better than the actual price. That is if I'm not missing anything here.
Which also means that if the company is undervalued (as everyone seems to think) we should see a rapid move in PPS in the months following the plan, or even sooner if the POR is rejected by the votes an reevaluation/other POR by the EC comes through.
Am I on the right track here ??
Sorry, but as a dutch speaking person this is very technical stuff to fathom sometimes.
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