Exchange ratio announced as 0.2788.At the latest closing prices...

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  1. 477 Posts.
    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?
 
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Currently unlisted public company.

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