Oh ok, i see now . Thanks insaf. Dummy me had it completely ballsed up. : (
EVN - at $1 is 6c per PXG share + the 6c cash for the 12c equivalent.
EVN. at $1.50 is 9c + 6c cash = 15c
EVN. $2.00 - 12c + 6 ~~> 18
EVN. $2.50 - 15c + 6 ~~~> 21 ; )
Cheers.
Ann: Phoenix Advises REJECT Evolution's Takeover Offer, page-42
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