GREY:ABGPF - Post by User
Comment by
RichVanWinkle2on Dec 20, 2017 12:46pm
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Post# 27197124
RE:CSPG and WWR price spread?
RE:CSPG and WWR price spread? SO.... You are implying with your math, purchasers today are getting an additional 28% premium on the shares, compared with the shareholders as of the announcement date.
investorguy2013 wrote: confused?
if from the news release the conversion is
whereby each issued and outstanding Alabama Graphite common share will be purchased by Westwater, and the holder thereof will receive 0.08 of one Westwater common share
1 wwr share divided by .08 cspg share equals to 12.5 cspg shares
12.5 cspg shares at 8 cents cnd is $1.00 cnd
then 1 WWR share is now traded at up / down say 1$ us equals $1.28 cnd