RE:RE:Mulling it overHow do you figure : Report says the offer equates to $ 5.90 Canadian yet when I break it down here's what I get at todays prices.
2.541 shares Westgold @ $1.52 Can = $3.88
Cash @ $0.61 Can .61
Total value $4.49
plus .30 shares spin co.
Difference between whats reported $ 5.90 - $4.49 above is $1.41
So they value Spinco, an unlisted company at @ $1.41 Canadian
Just how do they justify that price. Am I issing something .Please explain, as based on above this is not a good deal for Shareholders of KRR