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powerwalker

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powerwalker

Re: Tomas4 post# 878

Thursday, 07/11/2013 6:44:25 PM

Thursday, July 11, 2013 6:44:25 PM

Post# of 5825
Please remember that 1 share on the NA exchanges is the equivalent of .5 of one Brazilian share. Thus, when valuing potential SP in US$ or C$, the denominator needs to be roughly 600 million, not the Brazilian 300 million.

Therefore, the gas deal, using your numbers, would raise SP to US$1.375 (825/600).
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