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Alpha Minerals Inc ESOFD



GREY:ESOFD - Post by User

Comment by letsgetreadyon Oct 16, 2013 9:22am
162 Views
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.
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