Post by
fbedard29 on Jul 29, 2022 1:18pm
A posting mistake from my part
Hi all posters and sorry for my big mistake in a previous post .
I do not remember where i got the conversion ratio of Pro to ABI shares.
I posted a ratio of 0.67 and after reviewing the news i now realize that the conversion ratio is 0.5714
Here is what i posted in error
Hi mariner13.
My formula for comparing ABI and PRO share price is:
PRO divided by 0.67 = ABI share price conversion
0.25c divided by 0.67 = 0.0373 (like buying ABI at 0.0373c
0.03 ;; = 0.0447
0.035 ;; = 0.0523
0.04 ;; = 0.0597
0.045 ;; = 0.0746
and after reviewing the calculation to reflect convertion ratio to 0.57
here is what the new numbers look like
Hi mariner13.
My formula for comparing ABI and PRO share price is:
PRO divided by 0.57 = ABI share price conversion
0.25c divided by 0.57 = 0.0438 (like buying ABI at 0.0438c
0.03 ;; = 0.052
0.035 ;; = 0.061
0.04 ;; = 0.07
0.045 ;; = 0.0789
Really sorry for the error .
Hard to understand why no viewers realized the error or why they haven't corrected me.
Fernand
Comment by
tannin on Jul 30, 2022 1:49am
and fbedard, your .25's in last post are, obviously, .025. All good...I wasn't buying PRO so didn't check,sorry. Still no date for vote...think we need second part of our pp first. Have a great long weekend all.