RE:RE:RE:RE:RE:Why is this not trading at $8.50Newtothis123 wrote: As my name indicates I am very new to this trading business. Big learning curve for me. Can someone explain in layman's terms what this statement means? "Nuuvera shareholders will receive $1 in cash plus 0.3546 of an Aphria share for each Nuuvera share held" If I purchased 646 shares of NUU today does that mean I will receive 229 shares of APH? (0.3546 x 646) and 646.00? Please ignore my ignorance on the subject. tx
How can we ignore your ignorance on the subject *your words* and answer your question at the same time. Your formula is spot on. 646.00 goes in your account as cash and Nuuvera shares drop off and are replaced with 229 Aph shares. cheers