GREY:LGVWF - Post by User
Comment by
Nawaralsaadion Mar 01, 2014 2:34pm
418 Views
Post# 22268430
RE:SGY post
RE:SGY postKid,
It is worth noting SGY has acquired 20% of LNV on the cheap at $4.45. Thus an actual 1:1 swap would entail paying around 1.05 for each LNV float share or $6.2 per share. At 1.05, SGY total payment would be:
0.198 x $4.45 = 88c
0.802 x $6.2 = $4.97
Total: $5.85 effective price paid for each LNV share.
Regards,
Nawar