ATV 5.88% 1.8¢ activeport group ltd

Ann: Atlantic Gold and Spur Ventures merger agree, page-7

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  1. 3,028 Posts.
    lightbulb Created with Sketch. 49
    re: Ann: Atlantic Gold and Spur Ventures merg... someone care to show me how the calculation works.

    I don't get current TSX. SVU @36 cents (on 4th april) equating to 3.5 cents using the 0.05564 conversion.

    I am assuming the warrants are worth zero at present since they are 50% below the conversion price.

    hints appreciated...


 
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