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Message: Re: Todays Opening and Shoal Point Energy
1
Jan 17, 2011 09:36AM

Jan 17, 2011 10:02AM

Jan 17, 2011 10:20AM

Yeah I'm the same way as you. I think that SHP should be worth a lot more if this thing ever really takes off. Like you said they have 80% and 1/4 of the shares. I done the math.

For arguements sake they make 1 billion dollars, and everythng being equal....obviously.

SHP 80% which is 800,000,000

CQV 20% which is 200,000,000

800,000,000 divided by 135,000,000 shares, equals $5.925 per share.

200,000,000 divided by 500,000,000 shares equals $0.40 per share.

5.925 divided by 0.4 equals 14.8. So SHP should be worth 14.8 times what CQV is for easy math.

Anyone with anything to add to this or I"m I wrong with the math.....or just not looking at every angle????

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