Need some help here, FX CAD to Euro today is 1.3 and if Nord Golf is 2.50 Euros which is $3.25 CAD $. Then HRG at 1/2 is $1.625 all things being equal. Or am I missing something.....hmmmm Didn't Severstal try and flog this off at 4 Euros last year?
Notice:
Prior to admission to the Official List of the UK Financial Services Authority and to trading on the regulated market of the London Stock Exchange in relation to any global depositary receipts representing ordinary shares (Shares) of Nord Gold N.V. (Nordgold), the nominal value per Share is expected to be amended and every two Shares, with a nominal value of €1.25 each, are expected to be converted into one Share, with a nominal value of €2.50 each (the Share Split); as a result of the Share Split, the authorised share capital of Nordgold is expected to amount to €4,484,927,250, divided into 1,793,970,900 Shares, with a nominal value of €2.50 each, and the issued share capital of Nordgold is expected to amount to €896,985,450, divided into 358,794,180 Shares, with a nominal value of €2.50 each.