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rrao11

01/22/19 10:56 AM

#11173 RE: Snug Harbour #11171

200% to 250% profit from $0.70 (or $1.00 ) will not being NVCN to its pre-RS value. Needs to be significantly more than that to break even for a lot of Longs.

IMHO, the buy-out discussions have already been completed and the terms are based on 'value' of the company - irrespective of the 'O/S'. For example, if the buy-out price for NVCN is $1 Bil. and the O/S is at 40 mil (to keep my math simple) then the pps woiuld be $25/share (which equates to 8.3 cents/share pre RS).

Make sense? Is this the way it will work?

TIA for your replies.