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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 2.610-0.8%Dec 19 9:30 AM EST
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To: Sid Turtlman who wrote (3041)8/30/1998 9:58:00 PM
From: Urlman  Read Replies (1) of 5827
 
I think we have hit bottom (assuming the stock market doesn't tank) because Ford paid approximately 19 U.S. Dollars for Ballard (
i used a .72 exchange rate for last year)
=[(302749520*0.72)/3746900]/3

WE ARE CURRENTLY BELOW WHAT FORD PAID FOR BALLARD SHARES!

>>>As part of the agreement, Ballard issued from treasury 3,746,900 Common shares to Ford for total cash consideration of C$302,749,520. <<<
ballard.com
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