RE:RE:RE:Newcrest ask 24.25NWBmem wrote: There is an option for .8084 of Newcrest which currently is 24.74 which equals $19.99 Cdn. Is the .8084 set or is it intended to reflect a value of 18.50 at/if the time the transaction finalizes?
The option of .8084 is set if your asking for shares no cash. It drops to .4042 if you ask for 50% shares, 50% cash. The 24.74 is probably the USD amount. I think the better value price would be the AUD amount of 25.72 as this is the exchange where most of the shares are traded. Before the merger news the volume on the Canadian Exchange was sparse. On the plus side the Canadian price is much higher even when taking the exchange rate into account. :-)