I believe you have a minor mix up in your numbers.
It`s $20.00 less revenue per unit, which is not the same as reducing the revenue or increasing the shares by 20%.
In fact it probably would work out to less than a percent. Don`t forget the scenario would bring in new revenue and add to the bottom line potential, thus improving the income per share calculation.
All in all, it`s a good deal for edig and even a better deal for the investors, particularly if the units sold over the next three years amounts to a large success.
OZ
