Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Kirkland Lake Gold Ltd. T.KGI


Primary Symbol: T.KL

Kirkland Lake Gold Ltd is a Canada-based gold mining, development, and exploration company with a diversified portfolio of exploration projects. The production profile of the company includes the Macassa mine complex located in northeastern Ontario and the Fosterville gold mine located in the State of Victoria, Australia. Also, the company owns the Holt mine and the Detour mine. The company's mines and material mineral projects are located in Canada and Australia.


TSX:KL - Post by User

Comment by Quintessential1on Oct 18, 2021 3:26pm
272 Views
Post# 34019551

RE:RE:RE:RE:Confused

RE:RE:RE:RE:ConfusedJust going a little tangent here.

If you own 100 KL shares you get 79.35 AEM shares but you can't own .35 of an AEM share so my guess is they round down and you lose .35 of an AEM share which is only about $27 but it just adds insult to injury in this already losing deal.

Now, if you have 1000 shares of KL you get 793.5 shares of AEM but again you cannot own .5 of an AEM share but do they round up or down on .5 shares?

Will they round up on .6 of an AEM share?  .55?  

Obviously holding 2000 KL shares works out evenly equating to 1587 AEM shares even.

Is even the goal?  Would there be an optimim amount of shares to hold to suck $40 out of AEM?  

Yes I am that cheap.  LOL!



sledig wrote: We will track approximately 79% of AEM share price, up or down till the deal is done then the shares outstanding pretty much double. Then KL shareholders will receive approximately 79 % of an AEM share and move on.. won't really gain or lose just part of a bigger company.


<< Previous
Bullboard Posts
Next >>