GREY:ESOFD - Post by User
Comment by
letsgetreadyon Oct 16, 2013 9:22am
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Post# 21819235
RE:RE:FCU - $1.12 x $5.725 shares = $6.41 Am I missing something?
RE:RE:FCU - $1.12 x $5.725 shares = $6.41 Am I missing something?Bigwinner, you are missing the spincos..FCU spinco is worth 10 cents and built into the $1.12 price..exclude it and FCU's sahres of PLS is worth $1.02. so x 5.725 + AMW spinco value (20 cents) = value of AMW today..that works out to be $6.03 close to the market price.