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869 Posts.
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24/07/09
14:22
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D'Sylva must be happy, he was buying throughout May around the USD 0.40 mark.
Let's see
We get 2.6m CBTE shares for 114 BOS [that would have to be pretty much all of them].
2.6m/114m = 0.0228 CBTE shares per BOS share
1 BOS share = 0.228 x 0.74 [close price CBTE] = USD 0.01688
1 BOS share ~ AUD 0.0207 [1 USD = 1.22846 AUD]
114m BOS = AU $2.36m
hope that's right. Basically transfering IP to CBTE and our shares maintain value.
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