RE:RE:RE:Newco assets fall to the lowest since announcementThis is the math - very ssimple.
CVE pays $110 mln for Gear assets (3700 boed). That is 0.416 per each issued GXE share. The remainder of production is NewCo assets meaning on the market right now it is valued at about $0.04 per share (264 mln shares). In theory the shares of GXE can't fall below $0.416 as that is what CVE pays unless NewCo assets have negative value.