RE:RE:RE:RE:I -80 share price??As of todays closing prices: PG=$3.32 EQX=$10.32.
.1967 value of EQX would be worth $10.32 x .1967 = $2.03.
$3,32 - $2.03 = $1.29
for every PG share we get .4 of I-80 share. $1.29 / .4 = $3.22 CDN$ = $3.22 x..7912 = $2.55 US$.
To get back to our previous highs of $7.86 EQX would have to go to ($7.86 - $3.22) / .1967 = $23.59 OR I-80 share would have to be worth ($7.86 - $2.03) / .4 = $14.58 CDN$. OR a combination of both.
Does this sound about right ?
Possible ??