Re: Resverlogix Announces Conversion of US$12 Million Debenture Strengthening Balance Sheet
posted on
Oct 14, 2020 09:39PM
No Golf, that's not me, my name is Gordon, I've actually met people who post here in person, DnD and Narmac...please don't think I was suggesting $1 billion CAD as a possible price.
What I was saying is that my assumption heretofore has been that for every $1 billion USD, that the CAD PPS for RVX.TO would be between $4 and $5....hence $2 Billion USD = $8 to $10 CAD, $5 Billion USD = $20-$25 CAD.
That was an old benchmark though, and I was just wondering if anyone had done a back of the napkin type calculation for how much every $billion$ US would translate into for the PPS on a fully diluted basis.