Son__of__Guti
Oct 29, 12:42 PM
$IBG Easy swing trade 🤑
IBG and BlockFuel are nearing merger completion awaiting final approvals.
We know the current float is 4,220,530 shares.
We know Marshall & Stevens fairness opinion from Oct 2025 valued BlockFuel at
$220M–
$343M.
We know the new company BFE combines this with IBG (nanocap, 4M market cap).
We know legacy IBG shares are 10% of the merged company. The new share count will be ~ 42.2 million shares.
Therefore:
$220M / 42.2M shares =
$5.21
$340M / 42.2M shares =
$8.13
Range on merge with no reverse split is:
$5.21–
$8.13 per share.
Current IBG share price:
$0.99.
Adjust for the Oct 9 "up to 10:1 spilt" accordingly.
1 replies