Pre Merger stock value diff between Signal and NexGIf you hold say 1000 Signal shares today, they will be converted over to NexG at a rate of .1244, so you will end up with 124.4 shares of NexG shares.
Signal shares are selling between 0.08 and 0.085 (I know as I bought several 10 of thousand more SGNL shares yesterday - average price for me was 0.0835)...so for this discussion, let's use the higher Signal share sale value of 0.085.
NexG shares are trading this AM at .81 per share.
So the current value of the 1000 shares of Signal at $0.085 per share is $85.00
Post Merger you will have 124.4 shares of NexG valued at 124.4 * .81 (price this AM) = $100.76
Quite the difference...very odd that both share prices don't move more uniformily...perhaps they will as we get closer to December when this merger is supposed to finalize. Certainly explains the high volume on the Signal side of the house as compared to NexG volume (VERY LOW). Perhaps it will stay her and provide a carrot to anyone interested in the Signal financing...
Will be interesting to see where this ends up