UNV 0.00% 16.0¢ universal coal plc

Ann: TER: Offer Document - Universal Coal plc, page-3

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  1. 118 Posts.
    lightbulb Created with Sketch. 18
    they say the offer is 33.5c per share
    But they will pay 0.6026 or a ter share (29.5 x 6020) = 17.8 c plus 10c cash= 27.8 c
    Am I missing something or are they thieves and fraudsters?
 
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