So putting aside the bigger picture for the projects and the longer term etc I was hoping someone can help me understand this in simple terms as a shareholder. (sorry for not understanding the M&A implications of a public company more clearly). - For every CJO share I own I will receive .023 of a share in Primero. The value of this will basically move with the Primero sp. This is not listed on the ASX, so I dont konw how that all works in terms of me owning and trading via my lil old commsec, or do my cjo shares just disappear off the asx and be replaced by something else? - I also receive some shares of the new entity Spinco. The value/quantity of which I will receive is undetermined at this stage? I guess this will be asx listed?
CJO Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held