GREY:FFLWF - Post by User
Post by
gonecodeon Dec 01, 2016 7:14pm
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Post# 25543641
Statement from MT investor relations about ratio.
Statement from MT investor relations about ratio.To Investor relations.
Question is, your buyout offer says we will receive .7132 of the price for CGC of $11.80 which puts Mettrum at $8.42 a share. Does this mean the price is set at the buyout announced date of Nov 30, or further share appreciation (depreciation) could be an effect and the share price floats with the .7132 ratio stated.
Answer::::
The price for the take out is set based on the ratio and price set in the announcement.
Ali M.