GREY:WFEMF - Post by User
Comment by
nebbyaon Apr 19, 2012 6:47pm
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Post# 19814555
RE: Question
RE: Question The $.55 "Approximately equivalent share price of deal related to subsidiary" is the price that IMC paid for their 25% of the equity in Sandong Mining Corp. In other words, they paid a premium for that equity relative to the current market share price.
Does anyone know the math that they used to get to the 55 cents for the "Approximately equivalent share price of deal related to subsidiary" on Sangdong Project Funding page? I just can't get a handle on what it actually relates to.