TSXV:FCO.H - Post by User
Post by
17Diggeron May 07, 2019 2:09am
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Post# 29718023
JRV price
JRV priceWhen you see the Jervois stock JRV price quoted as 25 cents Austrailian and wonder what their stcock price translates to in their offer for 1.65 JRV shares for each Ecobalt Solution share, all you need to do is remember the exchange rate on the US dollar.
Roughly put with the current currency exhange, you get exactly the same price for an Ecobalt share as the quoted price of the Jervois JRV share. Calculate it for yourself! 1.65 Jervois shares at 25 Austalain cents get you about 25 US cents for one your share of Ecobalt.
Right now the Jervois JRV share is traded at 25 cents Australian on their Au markets. If the "merger" deal goes through at this price you will get about 25 US cents for your one Ecoblat share that becomes .1.65 JRV shares.
Are your Ecobalt shares only worth 25 US cents to you?
Mine are worth much more than that.
Even Canacord values them at 90 cents each, an extremely conservative figure.
Ecobalt is a very valuable company and you own it not them!
Keep it that way.
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