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.
Technology Stocks : Point West Capital (PWCC)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: .com who wrote (11)2/1/1999 8:25:00 PM
From: Tibor  Read Replies (1) of 345
 
I think I found out what was wrong with your calculation.

Prior to the IPO a stock split is going to take place. So selling 3 million shares to the public will not dilute the current shareholdings to 55%.

I would think that the 3 million new shares will represent no more then 20 per cent of the enlarged capital. Thus there are an additional 12 million shares! That would require a split of at least 1 to 4.

With such split, PWCC would hold 1.3 million FLAS, or 0.4 FLAS per PWCC share. FLAS trading at $30 would put PWCC to $12, or $60 to $24.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News