RE:about roughly 80 million fresh printed Newcrest shares!The present share price in Toronto is 22 CAD for a Newcrest share. Times 0.4042 makes 8.8924 CAD in form of "fresh printed" Newcrest shares per 1 PVG share. Plus said 9.25 CAD cash -> you get per one PVG share at present quotes a value of 18.1424 CAD.
The market in Canada trade PVG at time of writing with only @ 17.62 CAD. Annulized this is a big % difference just some days before the voting ends.
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Good ponts Sailor1 . I sold my PVG shares a while back for $18.49 CAD but now with this short time left until Jan 20 meeting and vote results I decided to buy 50 calls on PVG for Jan 21.
My hope is that the Gold price will be up before then and pull up NEM share price to the point they will opt to pay cash . To each his own .