Bit the bullet and took a position today. What sort of valuation...

Bit the bullet and took a position today. What sort of valuation should be attributed to MNZ if the DD deal eventuates. DD has a turnover of 60 million per annum. Would DD nett say 8+% or is that a bit ambitious. If they nett 5 million per annum would a 40 million MC be reasonable. Judging by the reaction on announcement day DD must realise whatever shares they recieve would appreciate immediately as long as they dont destroy the register in the process by being too greedy which wouldn't be in their best interests. If they received 3 million worth of stock at 2 cents market cap would be around 6 million. On thE abovementioned figures wouldnt SP be justified at .14 cents. This would give DD 20 million dollars value instantly which i thought would be a great price for their business. Anyone have rough estimates to compare with these. I thought it was odd that the announcement was followed by the small cap raising which stopped the rally in its tracks. If the Cap raise was done first the market wouldnt have blinked and SPcouldhave easily run to 5 or6 cents imo. Wonder if it was a strategy to test market response to the deal then kill momentum quick so that the sp offer to DD was closer to current trading range and more palatable to the market Am i reading too much into the unknown here? interested in others thoughts.