RE: RE: RE: LSE "NORD" As we can see we essentially agree, except that 1 GBX = 1.54 $ US or 1.55 $ CAN and not 1.3.
The 1.3 is for conversion to the Euro.
Thus: 7.8 X 359 M x 1.55 = 4.34 B $ CAN
Now with total shares outstanding being 839 M the value per share would be then 2.59 $ CAN, when we assume that 1NORD = 2 HRG. So that still leaves us with a present valuation of only half of what it should be.
Time will tell if the NORD quote on the LSE are realistically priced at 7.8 GBX (=brit pounds).
My 2 cents worth, Wolf E
Come to think of it they would be worth an extra 60 K $ for my 50 K shares