Just been doing some basic arithmetic on the 3 for one offer.eg...

Just been doing some basic arithmetic on the 3 for one offer.
eg at todays closing prices:

10,000 AGO shares are worth $ $25800

if you then buy $25800 of AXO you get
30,714 shares ( give or take a share )

Therefore that turns into 10,238 shares once you divide it by three .

238 shares extra shares is $614.00 ( minus some brockerage )
Not much but still free money .

I am wondering if the days just before the offer finally gets ratified that the price will close up tighter or you will be able to take advantage of this.

Food for thought anyway....