AOE 0.00% $4.68 arrow energy limited

Ann: Dart Energy Investor Presentation , page-9

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  1. 5,436 Posts.
    Free will ,how could you say not an issue ?

    The SP of AOE was well over $5.00 at time of ann.
    Cash offer =$4.70 plus dart share ???.50
    It was fair to presume 1 fr 1
    some ppl figured out that if one Dart share would be worth ,say 50 cents .Then it was worth holding the shares for 3 months to participate.That is $4.70 cash and .50 worth of dart share
    If we aregoing to get only 1 dart for 2 AOE .Then the the difference is halved = 25 cents . Equivalent to $4.95 total.(subtract the holding fee for 3months =ess another 12c )
    However, If the new Dart share is offered at $1.00 instead of the anticipated 50 cents .Then it is not so bad .
    Again nothing to be over excited with the offer .
    Like to hear other interpretation on the offer .
    Who determines the price for DART ?
    imho
 
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