RE:buyout price for Reunionyou will get .285 GMIN shares for each RGD share PLUS one share in the company formed when RGD spins out all assets of RGD other than OKO West - remmber thata only OKO West property is being bought by GMIN, the rest of RGD stays with it
s0 if you have 1000 shares in RGD you will get 285 GMIN shares and 1000 shares in Spinco
at RGD = $.66 today and GMIN at 2.08
your 1000 RGD shares are trading at $660.00 but will be changed at closing to 285 GMIN shares and 1000 Spinco shares. If GMIN today is at 2.08 then your shares will be worth 285x2.08 = $592.80 which means the market thinks the 1000 shares you will have in Spinco are worth $660 - 592.80 = $67.20 or 6.72 cents a share