CHO MLT

Ann: Calculation of Exchange Ratio , page-2

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
TRADE NOW
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
  1. intheblack08
    477 Posts.
    clock Created with Sketch.
    24/11/10
    04:32
    Post #: 7516545
    Exchange ratio announced as 0.2788.

    At the latest closing prices (MLT 16.9, CHO 4.9), each CHO share will be exchanged for 0.2788 x $16.90 = $4.71 worth of MLT shares. This translates to a 4% loss on the transaction.

    I'm predicting this discrepancy will narrow as we get closer to the date of the merger.

    Any thoughts?
    CHO Price at posting: $4.90 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS PYC Therapeutics moves into final stage of child blindness study
right-arrow Created with Sketch.
NEWS RBA holds rates as ALP election campaigning kicks off – expect more political focus
right-arrow Created with Sketch.
NEWS 29Metals greenlit to release more water from flooded Capricorn mine this wet season
right-arrow Created with Sketch.
NEWS Ellison slapped with $20M sanction from MinRes but will stay on as leader – for now
right-arrow Created with Sketch.
NEWS Harvey Norman may appeal ASIC Federal Court case – the third lawsuit on its plate
right-arrow Created with Sketch.
NEWS Check out the latest ASX news here!
right-arrow Created with Sketch.
watchlist Created with Sketch. Add CHO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.