Q: POSCO acquisition of Lithium South
https://www.lithiumsouth.com/posts/lithium-south-receives-green-light-from-posco-fortransaction-completion/
"The final acquisition price has been agreed and adjusted to US$65 million to account for tax burdens, closing costs and property payments."
US$65m = Can$90m
divided by 113m shares = .79/share payout to LIS shareholders
Is this an accurate guess or do 32m (I think) warrants and options need to be factored in such that $Can90m/113 + 32m shares = .62/share payout
What is your best guess as to the final share price value paid to Lis shareholders?
Thank you so much
https://www.lithiumsouth.com/posts/lithium-south-receives-green-light-from-posco-fortransaction-completion/
"The final acquisition price has been agreed and adjusted to US$65 million to account for tax burdens, closing costs and property payments."
US$65m = Can$90m
divided by 113m shares = .79/share payout to LIS shareholders
Is this an accurate guess or do 32m (I think) warrants and options need to be factored in such that $Can90m/113 + 32m shares = .62/share payout
What is your best guess as to the final share price value paid to Lis shareholders?
Thank you so much
Q: Earlier last month, three geologists published research revealing what could be the biggest discovery of lithium resources…EVER.
Is this stock worthy of consideration?
Is this stock worthy of consideration?