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0.00% 1.1¢ cbd energy limited

And from Reuters "* CBD Energy will own 85 pct of combined co*...

  1. b_patterson
    761 Posts.
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    17/02/12
    02:45
    Post #: 9707189
    And from Reuters

    "* CBD Energy will own 85 pct of combined co

    * Deal likely to close in Q3

    * CBD Energy expects deal to add to FY13 earnings"

    And it will be an all stock deal

    - at the moment CBD owns about 10% of WestinghouseSolar and CBD has a value of $38M.

    Does this make the combined company worth about $260M (100/15%*38M)?

    Seems like another Australian company got sick of Australian government's inability to get anything organised and has gone offshore.



    CBD Price at posting: 8.1¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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