By my calculation ...
Exu, 12c x 4 shares = 48c. Minus cash 5c x4 =20c curtesy of rms. Total 4 shares after cash component is 28c. You swap that 28c for rms at 39c currently, so there’s another 11c (2.8cps) or 23% gain to be had.
Where’s the rms sp going whether t/o is successful or not? Rms is down about 10c due to this t/o. Mr Zeptner can’t increase the offer anymore without having to resign!
Where’s exu sp going if t/o fails to get up?
AND YOU WANT MORE?!!!
EXU Price at posting:
11.5¢ Sentiment: None Disclosure: Not Held
