CCE 2.50% 3.9¢ carnegie clean energy limited

News: CCE Carnegie Clean Energy Signs Implementation Deed For Acquisition By Tag Pacific Of Energy..., page-22

  1. 22 Posts.
    I think the proceeds of the merger will yield maybe about 5 cents on the dollar at my cost.

    That’s like the haircut on an argentinian bond after default! A couple of weeks ago it was blue skies!

    58,500,000 shares in Tag x 0.07 AUD (today’d price)= 4,000,095 AUD

    Divided by approximately 2.5 billion current shares= 0.001638 AUD per new share of Mpower.

    Multiply times your current number of shares.
    Add whatever you think the CETO stub with the two retained projects is worth.

    Is this close? This is nuts!
    Reify100
 
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