RE:The axes are outThe Low end offer has been set by Alamos
of .0185 shares of Alamos at $18.45 = $.34 per AR share ( i asign $0 value to spin of company)
as of close today the offer is $.36 per AR share
if Alamos goes up by $5 from 18.45 we get $ .4325 per AR share on closing of deal ( again asigning $0 for spin off)
If Alamos goes up $10 from 18.45 we get $ .525 per AR share on closing of deal ( again asigning $0 for spin off)
If Alamos goes up $15 from 18.45 we get $ .6175 per AR share on closing of deal ( again asigning $0 for spin off)
i have no idea what the spinoff will be worth but even a $5-10 rise in Alamos SP starts to look much better for shareholders