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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE) -- Ignore unavailable to you. Want to Upgrade?


To: speculatingvalue who wrote (1430)4/24/1999 2:15:00 PM
From: Buckey  Respond to of 6016
 
Exactly - at less tha 10% of the value of Ballrd with earnings and some cash now for a while - - It is worth the gamble



To: speculatingvalue who wrote (1430)4/24/1999 2:20:00 PM
From: marcos  Respond to of 6016
 
Ballard market cap ~$4.017bil, gle market cap ~188.17mil as of close Friday -

bld outstanding 83mil x 48.40 = $4,017,000,000
gle outstanding 19.3mil x 9.75 = $188,175,000

21.34715026 times or 4.684466019% -g-

Ballard has $430milUS in cash [i think it's US biz.yahoo.com ]
They could buy gle three times and throw a party with the change.