I may have made error in calculations above - the Shareholding No of 1,499,640,00 should probably be 961,147,479 which is the number of non Ansteel shareholders in GBG. I have already assessed the various values on the 32.15% and the 30.76%. That would change the value of the share to $0.33.
Ann: Scheme of Arrangement and Demerger, page-74
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