Ann: BGL:Intention to Make Takeover Bid for Cleve, page-8

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  1. 2,671 Posts.
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    re: Ann: CVA: BGL:Intention to Make Takeover ... Hank....just a back of an envelope guess.....120MIll CVA shares on issue...35% offer from BGL give an extra 42M BGL shares...120 M x x.0182 cents in cash....means they need to raise $2.184 million...presume they will raise half (?)...so another 5 million share + 92 mill on issue....may be closer to 140 million....like I said.....very rough calculations....hope to know more tomorrow !
 
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$1.24
Change
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$1.26 $1.27 $1.23 $9.132M 7.356M

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1 6000 $1.24
 

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Price($) Vol. No.
$1.24 89880 5
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