Cuervo Resources Inc CRVNF

Trying to figure out the exchange rate

[jamieb3]

It seems to me that they have put a 0.465 exchange rate into effect for these two stocks. If shn.un is up 10 cents should FE be up 4.65 cents? In the pre-takeover days if shn was up on rising NG prices - like today - FE would be twice as much if not more, due to their higher PE. Will FE's higher PE and sensitivity to NG pricing be reflected in SHN's price until the merger? I am tryng to figure out when it would be profitable to swap from FE to SHN or from SHN to FE. Serious replies appreciated.

[Morpheus2]

Not sure either, hold both SHN and FE, held shn pre bid for FE and bought FE after the announcement thinking it was a cheap entry into shn. The valuation of FE, seems to be at a discount of SHN still, coulkd be due to Aug and Sept payments. However if FE had announced they were rolling to a trust on their own, they would have likely gotten a 25 to 30% bump in price. So theorically SHN and FE