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Bullboard - Stock Discussion Forum Yamana Gold Inc. T.YRI

Yamana Gold Inc is a Canadian-based precious metals producer with gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile, and Argentina. The company's segment includes Canadian Malartic; Jacobina; Cerro Moro; El Penon; Minera Florida and Corporate and other. It generates maximum revenue from... see more

TSX:YRI - Post Discussion

Yamana Gold Inc. > ☆☆ PUZZLED ☆☆
View:
Post by Stockemups on May 31, 2022 9:43am

☆☆ PUZZLED ☆☆

If there is a 33.8% premium on the 10 day moving average of $5.20 US dollars, that would equal $6.96 US or $8.75 Canadian. Now the stock is trading up only 4.5% at approx. $7.04 Canadian. Do I have to go back to math class? What gives?
Comment by pissed_investor on May 31, 2022 9:58am
It is an all-stock deal and the shares of the purchaser cratered after the announcement.
Comment by Uraniuman308 on May 31, 2022 10:01am
No premium for shareholders.  I'm sure management has made out quite well!  
Comment by Possibleidiot01 on May 31, 2022 4:13pm
GFI $9.34-2.86 | -23.44% There's goes all but 10% of premium.
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