As of today 1 PDN share is worth 9.45 CAD. 1.67 shares of SMM are now worth : 1.67x6.16=10.287 AUD. Now, 10.287 AUD are equivalent to 9.715 CAD, but I get only 1 PDN share which is worth only 9.45 CAD so what is the logic in the swap for me?
My bank called me up today and said I have to decide what to do.
I would greatly appreciate your opinions.
Menachem
a question in simple math
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