Post by
Opportunity44 on Sep 11, 2018 2:58pm
Hey can someone help
I have 6000 ICC shares how many aurora shares would I have after the deal I'm not sure how to figure out the math
Comment by
ediabid on Sep 11, 2018 3:07pm
From Globe & Mail article: "Under the friendly agreement, ICC shareholders will receive 0.2448 of an Aurora share for each ICC share making the deal worth $1.95 a share." Therefore, your 6K shares would net 1469 Aurora shares (6,000 * 0.2448 = 1468.8)
Comment by
Hopeful75 on Sep 11, 2018 3:08pm
https://www.khanacademy.org/economics-finance-domain/core-finance/stock-and-bonds/mergers-acquisitions/v/acquisitions-with-shares
Comment by
stranger5 on Sep 11, 2018 3:11pm
Basically ,You will get $11,700.00 worth of Aurara shares (whatever Auraras 20 day moving average is the day of transaction) no matter what price they are unless a someone comes riding in on a white horse to offer more , or the calvary shows up to offer more ?