ok you're correct but initial bid was for october, then amended to jue 30th, I smell great recovery value here, easy .15 if WTI contiunes to stay strong, any chance company' shareholders trying to bouy Whole company and recapitalize it ? when Dunrq filed ch11 oil was at 45$ now 60$ and growing!
well, we'll have more time to have a correct appraisal of Dune's assets, assets well greater than liabilities, 0.03$ is a steal imo! Glty, I'm in waiting higher prices, still all depends from oil prices!
Correction to "Take in to account for every CN you may get after 30 months after issue 1.31$ in cash or stock of CBIO" in "Take in to account for every CN you may get after merger closed up to 30 months after that closing date 1.31$ in cash or stock of CBIO".
TRGT is Worth 1$ after 2 dividends (.56 special cash divy + CN redeemable) are distributed before merger completed
for every share you will get approximately .56$ per share in special cash dividend and 1.09 in convertible redeemable notes (pre-merger) + new stock capital in CBIO Worth initially .96$ per share. Take in to account for every CN you may get after 30 months after issue 1.31$ in cash or stock of CBIO.