GREY:CRVNF - Post by User
Post by
jamieb3on Jul 24, 2006 1:17pm
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Post# 11138192
Trying to figure out the exchange rate
Trying to figure out the exchange rateIt seems to me that they have put a 0.465 exchange rate into effect for these two stocks. If shn.un is up 10 cents should FE be up 4.65 cents?
In the pre-takeover days if shn was up on rising NG prices - like today - FE would be twice as much if not more, due to their higher PE.
Will FE's higher PE and sensitivity to NG pricing be reflected in SHN's price until the merger?
I am tryng to figure out when it would be profitable to swap from FE to SHN or from SHN to FE.
Serious replies appreciated.