Ainsworth Lumber Co Ltd ANSBF

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Rights

[thedave2006]

your cost is always wrong, sir.  cost to exercise is 1.25 per share therefore cost per right is 1.388422 * 1.25 = 1.7355275.

 

if rights 1.10, shares 2.04.

 

Unbelievable!

$1.10 + $1.25 = $2.35 for 1 right 

therefore

10000 rights cost $23500.    28355.275

For that you get 13884 shares.    13884.22

$23500/13884 shares = $1.69 per share!   28355.275/13884.22 = 2.04

 

ps.  keep on yapping, sir.....no wonder at the ratings..... :)

 

cheers,

dave.