SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Capital Alliance Group - CPT (CDNX)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: keith massey who wrote (133)3/29/2000 11:35:00 AM
From: John Powell  Read Replies (2) of 960
 
Keith,

I thought I would take out my magic calculator to throw some numbers around for argument.

If they oversubscribe and raise $60m US for 29% (51%-22%) that would mean that CPT's part is valued at 51/29*$60m US*1.48= $156m Cdn. If the stock goes up 500 percent in the first week like some of the GEM internet stocks that is $156m Cdn * 5 = $780m Cdn plus the $110m they would have in cash at that point.

CPT could have $780 + $110 = $890,000,000 in assets which is $89.00 per share based on the 10 million shares out. I'll take 1/3 of that and be pleased.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext