RE:RE:Fortune Bay is still freeBrd.to close was $1.35 ....$1.35/.170= $7.71
P.to close was $7.50 ($7.71-$7.50 = $.21)
$.21 X .175 = .03675
Brigus closed .03675 higher than it should have, this is the initial premium given to Brigus shareholders for Fortune bay.