RE:RE:Take the money? The calculation for the per-share conversion value of Spinco is as follows:
First, take the real exchange ratio (0.02021913760951909044265477791477) and subtract the exchange ratio of 0.0185. This equals 0.00171913760951909044265477791477.
Next, multiply the total number of Argonaut Gold shares you own by 0.00171913760951909044265477791477. Then, multiply the result by Alamos Gold’s closing price (C$23.26). Finally, divide the result by the total number of Argonaut Gold shares you own.
The per-share conversion value of Spinco is C$0.03998714079741404369615013429755.