Ann: Orelia Delivers Strike Extensions, page-18

This:

A T/O will eventually come to EAR and I imagine it would be mixture of cash and NST shares. T/O price would be a premium to the weighted average price from preceeding X days. NST would not be complaining about a lower EAR shareprice now that it has locked in over 19% of the company.


Anyone care to estimate what a premium in EAR's situation might look like? 20%, 50%, 100%? Is this a method/math to calculating what NST might offer? Moreover, what would existing shareholders expect?

DF