(Face Palm) In order for any blithering fool that is paying 9 cents a share for wamuq at this point to break even, the newco's enterprise value will have to triple from the plan value.
That is only if DIME doesn't affect the treatment. If DIME becomes an issue with equity treatment, and the conversion comes out like it should, the newco's enterprise value will have to grow from 220ish million to approximately 4 billion to break even paying the current 9 cents.
I highly doubt scenario one will happen and I'd bet my life against the other. Ain't gonna happen.
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