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Re: headnorthw post# 85

Thursday, 06/02/2005 8:24:29 PM

Thursday, June 02, 2005 8:24:29 PM

Post# of 215
Check this post i copied,are the numbers right?

Going into the outstanding shares i come up with a 21% dilution when newmarket gets there dfts dividend, .02 at todays price.
Newmarket outstanding shares 84.40 mil One dfts share for every 10 of newmarket = 8.44 mil shares will be given out.
Dfts outstanding shares = 39.79 mil now ,after the newmarket dividend Dfts outstanding shares will be 48.23 mil or a 21% dilution.
I beleave the shock price will go down buy this amount the day of the distribution on heavy vollume.

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