Hi Meph and others following this - if you look at Entree's own announcement covering the merger (see their listing ETG on the TSX) they say the following:
"The transaction values PacMag at approximately CAD$47 million (AUD$49 million)(1). Consideration will be payable with a combination of Entree shares and cash. Each PacMag shareholder will receive approximately 0.102 Entree shares and CAD$0.041 (AUD$0.043) cash for each PacMag share."
Seems pretty clear from this that we get 43c for each share - as we thought - probably what Mike Clifford will clarify tomorrow.
PMH Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held