XNRG MAKES DEAL FOR .75 PER SHARE XNRG makes a commitment to pay at a minimum value of .75 /share after the evaluation comes in from an independent source. That gives us air cover on this deal along as the guys closest to the deal think .75 is a real value or they wouldn't be doing it...its not like they have a trumped up value - an independent has to do credible work that both trust. What if they have more on their plate? And the I read the current OS is gonna decrease by 100M from a throw back in by the Pres...then the shares that pay for the acq are also already in the count IMHO. So looks like soon these numbers will look very cheap.
Visit my board for great DD & Charts, it's time to take control of YOUR finances!
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.