News Focus
News Focus
icon url

cynic2005

05/15/06 12:32 AM

#4260 RE: RonnieD #4259

Let me start off by congratulating you for your investing acumen. Sounds like you have been doing well.

Yes, less shares mean a higher share price but everything will happen in a pro-rata sense that will leave you equally well off in $ terms. If it would be any other way, all companies would constantly try tweaking their shares outstanding.

For your info, I hold an MBA in Finance and I am a CPA. That doesn't make my version of things any more valid than yours, but I have some applicable background from which I draw my conclusions.
icon url

mildtrans

05/15/06 12:38 AM

#4263 RE: RonnieD #4259

RonnieD. It is my understanding North-West is a private company while NDOL is public with about 230 million shares. North-West is contributing with 59% assets and obviously with about 350 millions shares to reflect their assets contribution. Even Parker said it'll be about 580 millions share in the new company totally valued at $1.25 billion wich will bring everyone (existing NDOL and new shareholders from North-Wesr a $2.20/share. So the extra 350 million shares is not dilution but North-West participation into the total pie.