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KastelCo

02/28/05 12:06 PM

#182 RE: Ed Monton #180

Isn't the CPT's SEGB stake alone worth more than CPT chare price ?

I am powerless over CPT.... I bought more last week and this AM. Now I wait...

pritz

02/28/05 5:43 PM

#185 RE: Ed Monton #180

Hi Tradingfool,


The fact that insiders are buying SEGB and CPT as well as the trading the last few days indicates to me that this deal will close with Sun Media. Once/hopefully Sun Media takes SEGB to the big boards and it's trading above $5.00 US that will give CPT about 7.5 million shares * $5.00 = $37.5 million USD in cash.

The funny thing is I believe that CIBT is the one that is still the hidden gem out of all of this and this SEGB deal has turned out to be a bonus.

End of March or earlier is when we're suppose to hear about the deal, so anytime starting tomorrow. Think it will hit .80 cents pretty quickly once that happens and SEGB is on it's way to $2.50.