MGX getting knocked down to low 70s making AZR worth around 23c, but it would be expected to trade at a discount since it is not certain it will be converted into MGX, so that is how the market prices it today.
Tomorrow may be a different story, frankly the market has not priced in any extra value on this deal which is disappointing to say the least
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- is on trading halt for takeover
AZR
aztec resources limited
is on trading halt for takeover, page-5
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