deal, page-14

Good posts Boppy and the link on your previous post was great. Some of the the posts from the CBTE shareholders were quite funny. They have less of a clue than we do!

For me though, the percentage of CBTE shares held is irrelevant. BOS will hold 2.6 million shares in CBTE regardless. The real question is: When the dust settles from all these deals what will a CBTE share be worth?

You would have to assume at the very least, that if the GL Biochem deal goes through, that it will have a neutral effect on the CBTE SP. The posters on your link are more optimistic. They are anticipating an SP of at least US$1.00.

However, if everything falls into place, including the sale from BOS, then the CBTE SP could appreciate considerably over time. This would have a flow-on effect for BOS.

The whole arrangement looks pretty good to me (from these levels) if it comes off but it's all hypothetical really until GL Biochem sign.

At least that's how I understand things.