Thx arms. Yes, a typo - I was intending to say 0.78c per share.
However, your 0.83c calculation does not take into account the cash component of the offer - BC Iron to offer 0.44 new BC Iron shares and A$0.10 in cash for each IOH share held
Anyway, I picked up a few more today.
Almost time to send in the acceptance. Just announced that Sumisho Iron to accept next week. The fat lady has all but sung.
Expecting somewhat of a bci price rebound once all is confirmed.....
Good luck to all holders.
Cheers,
Mac
Please dyor.
IOH Price at posting:
78.0¢ Sentiment: Buy Disclosure: Held