50% of that implied value will be cash. The rest will be script, ie Wynn shares. As Wynn shares last time I checked were US$140 odd a share..
So every share of cwn gets you AUD$7.375 worth of Wynn shares. Wynn much much higher share price, works out to be 0.043 shares in Wynn per every CWN. So let’s say 10,000 cwn... this would mean:
$73,750 cash 430 Wynn shares
CWN Price at posting:
$14.20 Sentiment: Hold Disclosure: Held
